A great step towards increasing stock market liquidity.
Seamless integrated state of art trading platforms offers unrivalled easy access for retail traders, this stands to increase active participation in the primary stock maket.
Quite commendable and well positioned given the AfCFTA and many other regional developments towards integration of stock markets in the African corridor.
On broader thoughts, as part of preparations one would think of how best to restructure the entire stock market to make it more vibrant and increase investors' confidence (especially foreign investors), remember, it's always about expectations and that's why winning investors confidence will always be of essence.
Say a more transparent and efficient market (by enhancing regulations that will positively project the image of the stock market), for example, I would think;
a. Say we introduce and enforce Credit Rating requirements for listed entities, which should inturn incentivize executives to improve operations and overall performance of their entities. Say Credit rating from reputable global issuers like AM Best, Moody's and the likes.
b. Enforce strict reporting requirements including stresstesting requirements aiming at signalling resilience of the listed entities and building investor's confidence.
c. Decentralize trading as much as possible to allow more electronic transactions, especially among retailers through encouraging or attracting investments in state of art electronic trading platforms.
d. Trying assessing potential barriers of entries and exits in the market that would otherwise disincentivize new listings. Restructure policies and regulations in the best way possible to increase listings.
Once again, congratulations on your appointment Sir. Peter Nalitolela.
The JSE is hosting the fifth edition of the annual #JSESheInvests event, and we're proud to be exhibiting our Online Share Trading solutions.