JSE Celebrates 125 Years
November 08, 2012
Johannesburg, 08 November 2012 – Today, the Johannesburg
Stock Exchange (JSE) celebrates 125 years of trading since it first opened its
doors on 8 November 1887, a year after the gold rush in the Witwatersrand.
The exchange has come a long way since those early days. Ranked amongst
the top 20 exchanges worldwide in terms of Equity Market capitalisation, the
last 25 years have seen the JSE Group acquire the South African Futures and Bond
Exchanges, bring innovative products to investors on all its markets and
diversify its range of services.
“From our humble beginnings, today the
JSE’s total Equity Market capitalisation is over R6 trillion with about 400
companies and 907 securities (including interest rate; currency, financial and
commodity derivatives) listed. Our emphasis in the last 10 years has been to
build a robust vertically and horizontally integrated market that offers our
clients the opportunity to trade a wide range of products in a world class
environment. South Africa has for three consecutive years been ranked number one
in the world in terms of securities regulation by the World Economic Forum,”
says Humphrey Borkum, chairman of the JSE.
“Naturally, the success of
these efforts is also due to the substantial contribution that our clients have
made over the years. We look forward to working with our clients to grow our
market in future,” adds JSE CEO Nicky Newton King.
To recognise this
milestone, in August this year the JSE donated R50,000 to Business Arts South
Africa (BASA) for the Three2Six art programme which runs a holiday art program
for vulnerable refugee children at Sacred Heart College in inner city
Johannesburg. The program provided a safe space for the children for two weeks
during the holidays (otherwise typically a time where the children are exposed
to high levels of abuse) and allowed them to produce meaningful art with trained
“Over 125 years, the JSE has become a critical part of the
South African economy. Our industry has an important role to play in the funding
of the future development of this country and we are excited by the prospects
this holds,” concludes Newton King.
INFORMATION PLEASE CONTACT:
Roz Thomas/ Pheliswa Mayekiso
Corporate Communications Consultants
Tel: + 27 11 463 2198
Email: firstname.lastname@example.org / email@example.com
Head of Investor Relations
About JSE Limited
As South Africa’s only
full service securities exchange, the JSE connects buyers and sellers in four
different financial markets, namely equities, equity derivatives, commodities
derivatives and interest rate instruments. The JSE Ltd offers the investor a
first world trading environment, with world class technology, surveillance and
settlement in an emerging market context. It is amongst the top 20 largest
equities exchanges in terms of market capitalisation in the world.
further information, please visit www.jse.co.za