The JSE has concluded a deal that will see locally listed shares become available for trade by Chinese traders active on the Shanghai Stock Exchange as part of a plan to encourage more offshore traders to begin inbound trading on SA’s most dominant securities exchange.
"We just signed and completed a deal yesterday to pipe our data through a Hong Kong point of presence into the Shanghai Stock Exchange and the data will be displayed on Chinese traders’ screens for free for the first two years," Leila Fourie, CEO of the JSE, said in a webinar hosted by asset management firm Ninety One on Wednesday...
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
LeilaFourie JSE_Group well done
Lerato__Kgosana great news ...
This is not a deal but just a shift of profit .