Level field leaves no room for 'flashboys'
Posted by BDLive on 22 June 2014
By Jeremy Thomas
NOT long after dawn, close to 300 people throng the first floor of the Standard Bank building in Rosebank, Johannesburg, a cosmic flicker away from JSE headquarters in Sandton.
The dealing desk feels lucky. Just two months ago it squatted in rented rooms while fat fibre-optic pipes fed its orders straight into the bowels of South Africa's only securities exchange. It had to be next to the JSE, because every other dealer in town was; it had to be quick.
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