Commodity Derivatives Market

The JSE Commodity Derivatives Market provides a platform for price discovery and efficient price risk management for the grains market in South and Southern Africa. Through a licensing agreement with the CME Group, the market also offers a range of foreign-referenced Derivatives on both Soft and Hard Commodities.

The use of Derivative Instruments through Futures and Options Contracts provides market participants with the ability to manage their price risk in the underlying physical market. You could find it useful if, for instance, you are a maize producer or wish to mitigate against a rise in

the diesel price.

Clearing and Settlement

By trading on a formal exchange which connects buyers and sellers, not only is price discovery achieved in a transparent fashion, but all transactions are guaranteed through the derivatives clearing structure.

The physically settled Commodities rely on warehouse receipts to facilitate the delivery process. The warehouse receipts are utilised by financial institutions which offer financing to clients who own the receipts. Derivative Contracts also enable institutions to fund input costs to producers who hedge their price risk and in so doing encourage sustainable production.

The cash settled Commodities, like gold and crude oil, reference highly liquid international markets for the final cash settlement value, thereby providing all participants with the assurance that the local settlement price is not open to any abuse.

 Related Documents



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Trading Calendar Physical Settled GrainsTrading Calendar Physical Settled Grains206099 10:00:00 PMpdf
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Trading Calendar Cash Settled Grain ContractsTrading Calendar Cash Settled Grain Contracts22901 10:00:00 PMpdf
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Trading Dates Quanto White MaizeTrading Dates Quanto White Maize21340 10:00:00 PMpdf
JSE Markets Calendar 2017 JSE Markets Calendar 2017 575247 10:00:00 PMpdf
Trading Calendar for Beef CarcassTrading Calendar for Beef Carcass234162 10:00:00 PMpdf
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Report Only TemplateReport Only Template138240 10:00:00 PMxls
DOT trade typeDOT trade type266224 10:00:00 PMpdf
SOT trade typeSOT trade type263100 10:00:00 PMpdf

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Downloadable filesDownloadable files,
Commodities daily statisticsCommodities daily statistics,
Daily Mark-to-Market summary reportDaily Mark-to-Market summary report,
Mark-to-Market statisticsMark-to-Market statistics,
Historical price historyHistorical price history,