Connectivity Issues Halt Johannesburg Trading
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It consists of two divisions; a financial markets division for trading of equity derivatives and an agricultural markets division AMD for trading of agricultural derivatives. Safex was formed in as an independent exchange and jnb trading options steady growth over the following decade. In a separate agricultural markets division was formed for trading of agricultural derivatives.
The exchange continued to make steady progress despite intensifying competition from international derivative exchanges and over-the-counter alternatives. By Safex reserves have grown sufficiently to allow a significant reduction in the fees jnb trading options levies per future or options contract. Consequently, all fees were reduced by 50 per cent that year and in the changes on allocated trades were removed. The exchange is jnb trading options Self Regulatory Authority and exercises its regulatory functions in terms of the Financial Markets Control Act, and its rules.
The Exchange, in turn, is supervised by FSB. From Wikipedia, the free encyclopedia. Effective date of transaction to be 1 July August Individual Equities contract listed has increased to March Options introduced on agricultural products.
September Individual equity options introduced on the six largest equity counters. January Open interest exceeds 1 million contracts. May Introduction of fully automated trading through a specifically designed system that was written in South Africa.
January Safex Agricultural Derivatives Division opened. December Volumes exceed jnb trading options million per month for the first time.
Open interest is overcontracts. January Monthly volumes exceedOpen interest exceedsjnb trading options. October Options-on-futures launched together with a world- class, portfolio-scanning- type margining system. June Monthly volumes start consistently exceedingcontracts. August Enabling legislation the Financial Markets Control Act, is enacted and Jnb trading options is officially licensed as a derivatives exchange. Officially opened on 10 August by the Minister of Finance.
Introduction of fully automated trading through a specifically designed system that was written in South Africa. Options-on-futures launched together with a world- class, portfolio-scanning- type margining system.
Enabling legislation the Financial Markets Control Act, is enacted and Safex is officially licensed as a derivatives exchange. Safcom takes over operation of the informal futures market from RMB. This South African corporation or company article is a stub.