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].

Cash Bonds​

The role of the JSE Clearing and Settlement division - Cash Bonds Market:

The Clearing and Settlement division performs the role of the settlement authority as required by the JSE rules and directives. It ensures that trades dealt in Cash Bond Securities listed on the JSE and executed on Nutron are settled accordingly.

The functions of the JSE Clearing and Settlement division - Cash Bonds Market:

This team p​rovides settlement assurance for trades dealt in Cash Bond Securities listed on the JSE.

The division performs the role of the settlement authority as required by the JSE Rules and directives in ensuring that trades dealt in Cash Bond securities listed on the JSE executed on Bonds trading are settled in accordance with the principles of T+3 rolling contractual settlement

In providing this assurance, the team performs the following functions for central order book (COB) trades executed on the Bond Market:

  • Monitoring Bond settlements.
  • Performing securities and money lending and borrowing as lender of last resort.
  • Rolling of settlements.
  • Fails trade management procedures (give-ups).

 

In providing this assurance, the team performs the following functions for report only trades executed on the Bond Market:

 

​Inward listings reporting across the markets

    • Monitoring Bond settlements.
    • Facilitating SARB reverse repos.
    • Facilitating process of exclusions.
    • Monitoring of settlement, corrective and same-day windows
  • The Clearing and Settlement division performs the role of reporting on all the trades done for all the markets for Inward Listed instruments (equities, bonds, derivatives and commodities).

     

    The team performs the following functions:

    • Keeps an updated record of all Inward listed instruments for all the markets on the website.
    • Ensure data displayed has all the relevant information of the client trading
    • Report monthly stats to SARB​​​​​​