Overview The Bond Exchange of South Africa (BESA) became a wholly-owned subsidiary of the Johannesburg Stock Exchange (JSE) on 22 June 2009, the operative date of the scheme of arrangement in terms of which the JSE acquired the entire issued share capital of BESA. The JSE’s intention with the merger is to harness the respective areas of expertise of the two exchanges to deliver increased liquidity, increased functionality and a broader range of products and services to market participants, bond issuers and investors, such as retirement funds, insurance companies and their members.
BESA’s Market Regulation Division (MRD) has been integrated into the Surveillance Division and the Clearing and Settlement Division of the JSE. The regulation relating to the trading aspects of cash bonds now falls within the JSE Surveillance Division, whereas, the settlement thereof falls within the JSE Clearing and Settlement Division.
As of Monday, 6 July 2009, the MRD team has relocated to the JSE’s premises in Sandton. Should you require information relating to particular MRD disciplines, kindly contact the individuals on the contact details outlined below. Jacob Shayi
0115207816
jacobs@jse.co.za
Rules and Directives
Portia Twala
(011) 520 7815
portiat@jse.co.za
Surveillance
Siphelele Shongwe
(011) 520 7793
sipheleles@jse.co.za
Mokgadi Mogoro
(011) 520 7840
mokgadim@jse.co.za
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