JSE: Goes live with Nasdaq real-time clearing platform

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JSE: Goes live with Nasdaq real-time clearing platform

Johannesburg Stock Exchange (JSE): Launched a new real-time clearing platform from Nasdaq

  • The new platform launched for its Equity Derivatives and Currency Derivatives market
  • It a part of a multi-year project known as ITaC focusing on migrating all the JSE’s markets
  • JSE plans to migrate all its markets to the clearing solution, with the aim of achieving more efficient collateral utilisation
  • The project delivered in phases with the first asset classes to migrated Equity and Currency Derivative markets
  • Technology has become vital for clearinghouses in offering services that stand up to market participants and regulators
  • JSE joins more than 250 market infrastructure organisations and market participants across over 50 countries to use Nasdaq’s market technology