Over 95 Segregated Depository Accounts (SDAs) have been opened by JSE members, investors and custodian banks since they were introduced by Strate to enhance investor protection in the South African market. SDAs are opened by investors who choose to have their securities …
Continue readingSouth Africa’s bonds system to be revamped
At Strate, weʼre planning to revamp our bond clearing and settlement system with new advanced technology that will take the entire market forward using global best practice and standards …
Continue readingTrue segregation of clients’ assets provides investor protection
As South Africa’s Central Securities Depository (CSD), we have introduced Segregated Depository Accounts (SDAs) to take advantage of enhanced legal protection for investors. Many financial institutions and investors have called for higher levels of transparency, increased regulation and improved access to their assets…
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