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Clearing and Settlement
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Providing Settlement Assurance for trades dealt in equity securities listed on the JSE Ltd executed on JSE TradElect. The Division performs the role of the Settlement Authority as required by the Rules and Directivesin ensuring that trades dealt in equity securities listed on the JSE executed on TradElect are settled in accordance with the principles of T+5 rolling contractual settlement. A brief overview of the Clearing & Settlement Division’s functions include:- - Monitoring settlement
- Performing securities and money lending & borrowing as lender of last resort
- Rolling of Settlements
- Fails Trade Management procedures (give-ups)
- Monitor Bond settlements
Contacts | Name | Title | Tel | Fax | | Des Davidson | Director | +27 11 520-7585 | +27 11 520-8727 | | Brett Kotze | General Manager | +27 11 520-7587 | +27 11 520-8729 | | Ashraf Stemmet | Operations Manager | +27 11 520-7596 | +27 11 520-8722 | | Bilal Patel | Research & Development Manager | +27 11 520-7412 | +27 11 520-8412 | | General Office Fax | | | +27 11 520-8580 | | Settlement Authority | | | | | Hemant Bhika | Settlement Officer | +27 11 520-7609 | +27 11 520-8987 | | Matthews Kgatlane | Snr Settlement Clerk | +27 11 520-7788 | +27 11 520-8788 | | Mapapa Moroke | Snr Settlement Clerk | +27 11 520-7087 | +27 11 520-8720 | | Robin Timm | Settlement Officer | +27 11 520-7589 | +27 11 520-8721 | | Tarryn Kennedy | Snr Settlement Clerk | +27 11 520-7390 | +27 11 520-8390 | | Poppy Mabena | Equity Settlement Specialist | +27 11 520-7654 | +27 11 520-8654 | | Nolonwabo George | Class of Program | +27 11 520-7655 | +27 11 520-8655 | | Fails Management | | | | | Mosetsana Mahlafunya | Snr Lending Officer | +27 11 520-7335 | +27 11 520-8335 | | David Jumna | Snr Settlement Clerk | +27 11 520-7754 | +27 11 520-8754 | | Bonds Settlements | | | | | Unitta Mothapo | Bonds Settlement Specialist | +27 11 520-7590 | +27 11 520-8590 | | Melissa Vermeulen | Settlement Officer | +27 11 520-7796 | +27 11 520-8796 | | Inward Listings | | | | | Sandra Lodder | Inward Listing Officer | +27 11 520-7528 | +27 11 520-8528 | | Imran Basha | Snr Inward listings Clerk | +27 11 520-7547 | +27 11 520-8547 | | Zama Dlamini | Class of Program | +27 11 520-7644 | +27 11 520-8644 | | SRP Project | | | | | Brian du Plessis | ECS Project Manager | +27 11 520-7627 | +27 11 520-8580 | | Elize Muller | ECS Team Lead | +27 11 520-7590 | +27 11 520-8726 | | Noeleen Whittaker | Snr Setttlement Clerk | +27 11 520-7132 | +27 11 520-8132 |
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Learn more about Clearing & Settlement
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