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].

Overview

The JSE is continuously exploring ways of improving the overall experience of our clients. In the interest of providing Market Data Clients with an enhanced client experience, the JSE Market Data team has embarked on a digital transformational journey to digitize a number of Market Data  business processes. This will culminate in the introduction of a new online solution that will allow Market Data clients to engage with the JSE Market Data team, in a more self-service manner via client portal for all JSE market data needs, covering data product subscriptions, licensing and reporting, and extending to electronic agreements and digital signing of new and changed data agreements

The online solution, branded as the JSE Market Data Connect, will be an Internet and cloud based solution that will provide access on a 24/7 basis. It will be provided, hosted and maintained by DataBP, an industry leading provider of market data administration solutions, and customised to meet the needs of the JSE market data clients and market data team.

The solution will be implemented in three phases but only phases 1 and 2 will directly involve and add value to clients

  • Phase 1 will provide market data clients, that have an obligation to report data use and/or tracking numbers, with a new way of reporting. This phase will replace the Market Data Portal currently used for reporting and is planned to be implemented at the end of March 2021.
  • Phase 2 will provide all market data clients with the full range of new self-service functionality. The phase 2 timings will be communicated as soon as they have been determined.  

 

Market data clients are strongly encouraged to be familiar with the scope of this project and to make use of all the education and training opportunities to ensure a seamless and best transition experience. Questions can be directed to [email protected] or via the relevant Market Data Account Manager.