The JSE was formed in 1887 during the first South African gold rush. Following the first legislation covering financial markets in 1947, the JSE joined the World Federation of Exchanges in 1963 and upgraded to an electronic trading system in the early 1990s. The bourse demutualised and listed on its own exhange in 2005.
In 2003, we launched an alternative exchange, AltX, for small and mid-sized listings, followed by Yield X for interest rate and currency instruments. The JSE then acquired the South African Futures Exchange (SAFEX) in 2001 and the Bond Exchange of South Africa (BESA) in 2009. Today we offer five financial markets namely Equities and Bonds as well as Financial, Commodity and Interest Rate Derivatives.
Johannesburg Chambers and Company
(Benjamin's company) was the first company to list.
and was to remain so for nearly half of the century.
A new law ruling that script had to be delivered or paid for within 7 business days of the transaction came into force.
and two established trusts were listed on the JSE.
chairman of the exchange.
The JSE became the centralised market
all trading securities.
SA Breweries was the first corporate to issue a bond.
published in May 1994.
However, member firms were to be the trading entity and not the individual. Foreign members were allowed to operate.
At 16:00 on Friday 7 June, the final bell rung for the close of trade on trading floor, ending 108 years of open outcry trading. The open outcry trading floor was reokaced by an automated trading platform known as the Johannesburg Equities Trading (JET) system. Monday 10 June saw all trade conducted on the JET system. Dual trading and negotiated brokerage commissions were introduced.
Closer links with SADC bourses was initiated. On 18 August, realtime news service for the dissemination of company announcements and price sensitive information known as the Stock Exchange News Service (SENS) was introduced. The JSE Listings Requirements were amended to accommodate the introduction of SENS. Warrants were introduced on the JSE by Deutsche Bank in October
Trading volume reached 58 000 during futures close-out in March.
The Social Responsibility index (SRI) launched in May 2004, seeking to measure companies' policies, performance and reporting in relation to the three pillars of the triple bottom line (environmental, economic and social sustainability).