1 / 12

Transforming Marketing and Business Development in South Africa's JSE: A New Era

Discover how the JSE has evolved into a dynamic marketplace since its demutualization in 2005. With significant growth in equities and derivatives, increased trading volumes, and a surge in new listings, the JSE presents an opportune environment for businesses. Initiatives like AltX and Yield-X cater to small and medium enterprises, fostering inclusivity. Furthermore, enhancements in technology, market liquidity, and investor education strategies are paving the way for future growth. Join us in exploring these developments and their implications for the South African market.

casey
Télécharger la présentation

Transforming Marketing and Business Development in South Africa's JSE: A New Era

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. JSE: A New Era Noah Greenhill GM: Marketing and Business Development

  2. Our business today • 5 Markets • Equities – listing, trading & regulation of shares, ETFs and warrants • Equity Derivatives – SSF, index derivatives, can-do options • Agricultural Products – maize, wheat, soya and sunflowers • AltX • Yield-X • Equities and derivatives clearing • Own 11% of Safcom • Settlement • Own 41% of STRATE • Guarantee of equity trades • Information product sales • Technology services

  3. Opportune environment for listing of JSE • 1 July 2005 – demutualised and taxable • 5 June 2006 – listed on Main Board • 5 June 2006 – implemented Broad-based BEE deal • Good progress in meeting Financial Sector Charter targets

  4. Key operational highlights – 2005 • Higher level of demand for new Main Board equity listings • 14 new listings (2004: 11) • Record overall JSE equity trading volumes and values • Average daily value traded up by 24% • Average daily number of trades up 29% • Zero failed trades for more than 5 years despite increase in volumes • Good performance in equity derivatives • Average daily number of contracts increased by 35% • Open interest increased by 29%

  5. Key operational highlights – 2005 • AltX growth – market for small and medium sized companies • Listed 6 new companies • Yield-X – one-stop shop for a wide range of interest rate products • Launched in February • Revenue from information product sales up • Third round of Socially Responsible Investment Index • Number of successful constituents increases • Ongoing migration of the exchange onto new IT systems • Project Orion a major priority

  6. JSE equities market capitalisation & liquidity

  7. JSE equities market average monthly value traded & number of trades

  8. Equities – Main Board • Good level of demand for equity new listings on the Main Board – 11 YTD • Warrant issues more than doubled in 2006– 356 YTD • Continued increase in equity trading volumes and values • Average daily value traded up 80% YTD • Average daily number of trades up 65% YTD • Net foreign investment at an all time high– R56.5 billion YTD • Liquidity improved – 46.0% YTD • New inward dual listings • A number of new product launches • eg SATRIX Swix and SATRIX Resi in 2006, ITRIX range • Next steps - Foreign companies, ETFs, African listings, listed company forums • Settlement needsto move from T+5 to T+3 together with a reduction in costs • Broad-based investor education initiatives to continue with strategic partners

  9. AltX • AltX is for small and mid-sized companies • 23 companies currently listed • 8 new companies • 1 company graduated to the Main Board • 1 company migrated from Main Board to take advantage of better matched value proposition • 17 designated advisors • Directors’ induction programme • Next steps • More company listings in the pipeline

  10. Yield-X • Launched February 2005 • new market offering a broad range of exchange traded interest rate derivatives • Gaining market traction • Corporate bonds able to be listed on Yield-X from 1 July 2006 • Next steps - Target retail issuers - Yield-X upgrade for retail trade to come

  11. Opportunity - Africa • Dual listing • Costs • Expand liquidity pool • Access to “new” pool of investors • Access to “new” capital • Access to foreign capital • Emerging market funds • Arbitrage opportunities • BEE (specifically South Africa)

  12. Questions?

More Related