The Johannesburg Stock Exchange (JSE), was founded in 1887, and moved to an electronic trading system in the early 1990s. In 2000, the stock exchange moved from its original location on Simmons Street, Johannesburg, to the suburb of Sandton.
The exchange lists more than 370 companies including multinationals like SAB Miller, The MTN Group and Anglo American, and is one of the top 20 exchanges worldwide in terms of market capitalization. The JSE is, by a wide margin, the largest stock exchange on the African continent in terms of volume. An alternative market, AltX, lists small and medium-sized companies.
Having acquired the South African Futures Exchange (SAFEX) in 2001 and the Bond Exchange of South Africa (BESA) in 2009, the JSE is well positioned to facilitate trades in a broad range of contracts including stocks, bonds, exchange traded funds (ETFs), structured products, exchange traded notes (ETNs), asset backed securities, depository receipts (both sponsored and unsponsored), warrants, debentures, gold (Krugerrands), and derivatives (interest rate, agricultural, currency, energy, equity, metal). A strategic partnership with the London Stock Exchange (LSE) enables the dessemination of information relating to contracts listed on the Johannesburg on the shared LSE/JSE platform.
The JSE Africa All Share Index (JALSH), published by the Financial Times, tracks the performance of key stocks listed on the JSE.
Trading hours: Monday through Friday 9:00 a.m. to 5:00 p.m. SAST (UTC+2)
Settlement cycle: T+3