The Johannesburg Stock Exchange (JSE) today announced the listing of the Satrix JSE Global Equity Exchange Traded Fund (ETF) (STXJGE), offering investors an opportunity to tap into local equities with a pronounced global exposure. The Satrix JSE Global Equity ETF is designed to track the FTSE/JSE Global Investor Index, renowned for its focus on companies that generate a substantial portion of their earnings from offshore investments, thereby serving as a strategic Rand hedge when compared to our local broad market index.

Registrations for the Johannesburg Stock Exchange (JSE)’s investor education programmes are open with the competitions officially kicking off on 11 March 2024. The 2024 Investment Challenge heads into its 51st year with the continued goal of fostering financial literacy among South Africa’s high school learners and university students. Returning for the fourth time this year, the Virtual Trading Game will be giving South African citizens and aspiring investors real-life investing and trading skills. 

JSE Clear has introduced a new service to accept securities as collateral against open JSE derivative positions.  Previously, only cash was accepted as collateral.  By now accepting SA government bonds as collateral, investors are able to utilise their cash for different purposes, alleviating cash liquidity pressures and reducing their costs of cash funding. 

Following the issuance of the Financial Sector Conduct Authority’s (FSCA) discussion paper in 2022, which highlighted the pressing issue of unclaimed financial assets in South Africa, including unclaimed dividends among South African investors, the Johannesburg Stock Exchange (JSE) is seeking to launch a nationwide initiative to match claimants with their unclaimed dividends.