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].

The SAVI Dollar (South African Volatility Index) is a forecast of the 90 day implied volatility of the rand against the dollar. The SAVI Dollar enables investors to gauge “fear” and market sentiment relating to the local currency market. For example, when daily currency market returns are sufficiently volatile, the SAVI Dollar will tend to spike upward, reflecting a sense of fear and a higher level of expected risk. In a high volatility environment, large market moves are possible – up or down. When volatility is low there is a measure of complacency in the markets, or a lack of fear.

Who should use this?

Market commentators, economists, traders and investors use the SAVI Dollar to determine market sentiment in the currency market.

Features

  • Can be used as a tool to measure market sentiment in the South African currency market.
  • Can be used to monitor the fear forecast on a daily basis.
  • Can help to estimate how far prices are expected to move in a given time frame.
  • While the SAVI Dollar forecasts the volatility of the rand against the dollar, currency markets are influenced by politics and world events and volatility may fluctuate accordingly.

How to get SAVI Dollar

The SAVI Dollar is published at the end of each trading day.