What is the Johannesburg Stock Exchange?
Formally known as Jihannesburg Stock Exchange is the Stock Exchange of South Africa and the largest on the whole African continent. It is located in the Sandton district in Johannesburg. Since 2005, the stock exchange has had nearly 500 extracts and has been evaluated as number 16 on the world list of such organizations. The exchange has been rebuilt and relocated several times since its foundation several times, including especially after the end of World War II, when economic growth stimulated an allied victory he grew up. The position of Sandton has been home to the stock exchange since 2000. is securities Bueren . In 2005, the stock exchange was renamed this time to its current nickname, Limited. This occurred as a reflection of the fact that the ownership of the stock exchange intended as a public society. In 2006, Limited was mentioned on the stock exchange as a publicly traded company.
Stock Exchange Johannesburg employThe electronic trading system known as jet , which means trading in Johannesburg shares. This technology has been purchased and is based on a platform used in the Chicago Stock Exchange, with modifications to meet the unique needs of the South African financial market. The exchange was relatively late to introduce electronic trading compared to other stock exchanges around the world, with computer only in 1996.
The composition of the Johannesburg exchange is diverse, but has a relatively high density of mining, extraction of natural resources and similar societies that reflect the signature sectors in South Africa. The total value of the market ceiling of companies traded at JSE Limited is less than $ 580 billion in the US (USD). Among the remarkable companies trading on the Johannesburg stock exchange are the Sabmiller® PLC and Global Mining Taremator Anglo American® PLC.
In addition to the main stock exchange, the Limited is also located a smaller alternative exchange known as Altx® that works JAKO type of exchange of kindergarten for smaller companies. It was created to support business in South Africa and since 2008 it has been in its lists 80 companies. JSE Limited also operates its own intelligence service, which requires that these companies first publish financial reports and other updates before any other news socket.