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].

Soy Bean, Meal and Oil Futures and Options derivatives contracts reference the Soy Bean, Meal and Oil contract traded on the Chicago Board of trade (CBOT). The product gives local investors an innovative tool to hedge international price risk and the opportunity to better assess patterns in the global soy market. Contracts are cash-settled in Rands and easily accessed via JSE commodity derivatives members.

Who is this for?

Local market players seeking to protect themselves against adverse price movements should consider the JSE’s Soy Complex Futures and Options. These contracts can also be used by speculators hoping to make a profit on short-term movements or to benefit from the spread opportunities between the local and international market.

Features

  • The inclusion of international benchmarks enables effective price risk management
  • Effective evaluation of both current and future world supply and demand for soybeans
  • Enables identification of short and long term price and volatility patterns
  • Hedge or gain exposure
  • Enables oil crushers to hedge their exposure against international benchmarks
  • Suitable as a risk diversification instrument
  • The risk of loss may be unlimited given local and global environmental and socio-economic factors which can significantly impact the price of commodities

How to get it

To use Soy Complex Commodity Derivatives, just register as a client with an authorised member firm, deposit the required initial margin and sell or buy according to your 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