JSE Launches Online Virtual Trading Game

June 13, 2013


 

JOHANNESBURG, 12 June 2013. In a bid to inspire ordinary South Africans to trade on the exchange, the Johannesburg Stock Exchange (JSE) has launched the first JSE Virtual Trading Game - an online trading competition which simulates a real trading environment and allows participants a risk-free opportunity to trade shares.

Each participant receives a virtual R1-million to build an investment portfolio and traders who build the most valuable portfolios will win a share of R60 000 in prizes to be deposited into a stockbroker’s account of their choice.

“We believe that the JSE Virtual Trading Game is a highly practical way to convert those who are interested in trading to take the next step and open their own accounts. The JSE recognises the role it has to play in promoting financial literacy as well as growing retail investment on the JSE. Investing on the exchange is not as intimidating or complicated as many people think,” says Takalani Nyelisani, Manager: Retail Development.

The JSE is also involved with numerous initiatives aimed at increasing South Africans’ knowledge of the stock market. These include Power Hour sessions, investment education clubs, MyJSE Investment Day as well as free public seminars about investing.

The virtual trading game is open to members of the public with the exception of high school and full time university students and financial professionals who either trade or advise the public on financial products.

For more information about the JSE Virtual Trading Game please visit https://virtualtradinggame.jse.co.za  

ENDS

FOR FURTHER INFORMATION PLEASE CONTACT:
Victoria Williams
Corporate Communications Consultants
Tel: +27 11 463 2198
Cell: +27 72 452 1772
Email: Victoria@corpcom.co.za  

ON BEHALF OF
Takalani Nyelisani
Manager: Retail Development
Issuer & Investor Relations Division

JSE
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, commodity derivatives, currency derivatives and interest rate products. The JSE Ltd offers the investor a truly 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. In terms of derivatives, the JSE is currently ranked the 20th largest exchange by the Futures Industry Association (FIA).

For further information, please visit www.jse.co.za