Beware of "JSE Investment" scams

The JSE Limited/ Johannesburg Stock Exchange (JSE) is aware of a several scams (on Telegram and WhatsApp) posing as authorised JSE investment schemes and/or using the names(s) of JSE Executives (including our CEO, Leila Fourie).

In these investment scams, potential investors are urged to deposit money into a bank account and promised quick and guaranteed returns on their investment. These types of groups are not authorised by the JSE and the investments referred to are not authorised or endorsed by the JSE or any members of the JSE Executive. The JSE does not recruit investors in this manner.

The only way to invest on the JSE is via an authorised JSE stockbroker. A list of stockbrokers can be found on www.jse.co.za and then click on 'find a stockbroker' and you will find a list of stockbrokers in your area who will help you to open an account and you can begin your investment journey with the JSE.

Should you suspect a false investment scam group, please report these to the JSE at [email protected].

Soft Red Wheat Futures and Options are Derivatives Contracts that provide local investors exposure to international wheat prices. The underlying instrument meeting specifications as listed and traded on the Chicago Board of Trade (CBOT), a division of the CME Group. Through this easily accessible product, local investors can effectively hedge against international price risk and identify demand patterns in the global wheat market. Contracts are cash settled in rands and can easily be accessed through JSE Commodity Derivatives members.

Who is this for?

Local market players seeking to protect themselves against adverse price movements should consider the JSE’s Soft Red Wheat Futures and Options. The contracts can also be used by speculators hoping to make a profit on short-term movements or benefit from the spread opportunities between the local and international market.

Features

  • Enables easy access to the international market.
  • Effective price risk management and evaluation of both current and future world supply and demand.
  • Enables you to hedge or gain exposure based on expectations of directional price or volatility in soft red wheat.
  • Enhanced spreading opportunities.
  • Suitable as a risk diversification instrument.
  • The risk of loss given local and global environmental and socio-economic factors which can significantly impact the price of commodities

How to get Soft Red Wheat Futures and Options

To access Soft Red Wheat Futures and Options, register as a client with an authorised JSE Commodity Derivatives member firm , deposit the required initial margin and sell or buy according to your needs.

Qualifying factors

  • No limits apply to individuals, foreigners or corporate entities.
  • Pension funds and long-term insurance companies are subject to their 25% foreign allocation limits.
  • Asset managers and registered collective investment schemes are subject to their 35% foreign allocation limits