Beware of "JSE Investment" scams

The JSE Limited/ Johannesburg Stock Exchange (JSE) is aware of a several scams (on Telegram and WhatsApp) posing as authorised JSE investment schemes and/or using the names(s) of JSE Executives (including our CEO, Leila Fourie).

In these investment scams, potential investors are urged to deposit money into a bank account and promised quick and guaranteed returns on their investment. These types of groups are not authorised by the JSE and the investments referred to are not authorised or endorsed by the JSE or any members of the JSE Executive. The JSE does not recruit investors in this manner.

The only way to invest on the JSE is via an authorised JSE stockbroker. A list of stockbrokers can be found on www.jse.co.za and then click on 'find a stockbroker' and you will find a list of stockbrokers in your area who will help you to open an account and you can begin your investment journey with the JSE.

Should you suspect a false investment scam group, please report these to the JSE at [email protected].

Crude Oil Futures and Options are Derivatives Contracts that give investors exposure to the international price of crude oil. The underlying Commodity is listed and traded on the New York Mercantile Exchange (NYMEX), a subsidiary of the CME Group. This product serves as a key international pricing benchmark and can be used as an effective hedging tool to manage local users’ diesel price risk. Contracts are settled in rands and can easily be accessed through JSE Commodity Derivatives Members. ​

Who is this for?

These contracts are the world’s most actively traded energy product. Typically, consumers and producers of crude oil manage crude oil price risk by buying and selling these contracts. Crude Oil Futures and Options are also traded by speculators, who assume the price risk that hedgers try to avoid in return for a chance to profit from favourable price movement.

Features

  • Play an important role in managing risk in the global energy sector because they have the most liquidity, most customers and most transparency.
  • Easily accessible with a contract traded in rands.
  • Enable identification of short- and long-term price and volatility patterns.
  • Provide investors with the opportunity to hedge or gain exposure.
  • Oil is a highly volatile commodity and sensitive to socio-economic and political factors, which makes investing in oil riskier than many other investments.

How to get Crude Oil Futures and Options

To access Crude Oil Futures and Options, investors need do is register as a client with an authorised member firm, deposit the required initial margin and sell or buy according to their needs.

Qualifying factors

  • No limits apply to individuals, foreigners or corporate entities
  • Pension funds and long term insurance companies subject to their 25% foreign allocation limits
  • Asset managers and registered collective investment schemes subject to their 35% foreign allocation limits
  • For the full details relating to qualifying factors, speak to your broker​.