JSE issues apology for the incorrect meta description on broker search

JSE Limited (“JSE) was alerted to an incorrect meta description automatically generated by search engines when searches relating to the JSE in relation to company information is performed. This resulted in the JSE’s awareness campaign relating to a cautionary pop-up on the JSE website regarding investment scams being displayed in search results.

The JSE has implemented technical measures to remedy the incorrect description.

We sincerely apologise for the error and in the event that you require any further information in respect of the remedial actions implemented or the JSE to clarify the incorrect search results, please contact [email protected].

Th​e JSE regulates the largest listed Debt Market in Africa, both by market capitalisation and by liquidity. It has done so since 2009, when it acquired the Bond Exchange of South Africa.

By the end of 2022, the JSE had approximately 1 600 listed debt instruments, totalling more than R1.8 trillion nominal outstanding. More than half of the debt listed on the JSE is placed by the South African government. Other issuers include South African state-owned companies, corporates, banks and other African countries.

The Interest Rate Market is liquid and well-developed, with daily activity, more than NUMBER members and approximately RXX billion being traded daily. Institutional investors can gain exposure to the following instruments through the Interest Rate Market:

Governme​nt Bonds: More than R1 trillion is currently listed and these instruments account for 90% of all liquidity reported to the JSE. In 1998, the National Treasury appointed 12 primary dealers to make a market in their listed debt. At the end of 2013, there were eight primary dealers permitted to bid at weekly d​ebt auctions. Primary dealers are required to make a secondary market in qualifying RSA paper.

Corporate B​onds​: Since the first Corporate Bond was issued in 1992, more than 1 500 corporate Debt Instruments have been listed on the JSE Debt Market. Liquidity remains relatively low compared with government debt, but issuance keeps growing.

Repo Market Securities: The full name for a Repo is “repurchase agreement”. It involves the sale of securities together with an agreement for the seller to buy them back, usually for more than the original sale price. The JSE Repo Market is an active and liquid funding market, with daily funding exceeding R25 billion. It has seen daily spikes above R200 billion, demonstrating the liquidity and efficiency of the market.

 

Disclaimer:

All data and information provided by the JSE, except as otherwise indicated, is proprietary to the JSE. You may not copy, reproduce, modify, reformat, download, store, distribute, publish or transmit any data and information, except for your personal use. For the avoidance of doubt, you may not develop or create any product that uses, is based on, or is developed in connection with any of the data and information available on this site. You are not permitted (except where you have been given express written permission by the JSE) to use the data and information for commercial gain.​​​​​ ​

Related Documents