THE JOHANNESBURG STOCK EXCHANGE (JSE)
has, in its 120 years, recorded scores of milestones. It is ranked the number 1 stock exchange in Africa according to Euromoney’s annual survey Best
Managed Companies in Africa 2013, and ranked fourth in the world in terms of value of bonds traded on an exchange by the World Federation of Exchanges. In looking at further opportunities to bring value to the exchange, the JSE now gives investors access to derivatives on Brazil’s IBOVESPA, Russia’s MICEX Index, India’s SENSEX, China’s Hang Seng and Hang Seng China Enterprises Indices, as part of a memorandum of understanding among participating BRICS exchanges.