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 readingStrate Waives Fees for Phase 1 of the JSE T+3 Project Implementation
Over the weekend of 20-22 July 2013, the Johannesburg Stock Exchange (JSE) implemented Phase 1* of its T+3 Project aimed at reducing the settlement cycle from the current T+5 to T+3. Phase 1 of the project involved separating JSE Members’ proprietary and controlled accounts at both Strate and at the CSD Participants…
Continue readingREGIS-TR to assist in the development of a South African Trade Repository for over-the-counter derivatives
Strate has entered into an agreement with REGIS-TR to licence their software to Strate in the development of a local Trade Repository in accordance with South African regulatory requirements…
Continue readingMeeting stakeholder needs
In the previous edition of the Strate Talk, Strate announced the appointment of Carol Otto as the Issuer Relationship Manager within its current Stakeholder Relations team….
Continue readingThe importance of a Trade Repository
In the aftermath of the global financial crisis, great concern was expressed over the lack of transparency and risk management of the over-the-counter (OTC) derivatives market …
Continue readingNew Corporate Actions product introduced
The launch of a new equities corporate actions product is expected to bring a number of benefits to the South African financial market, as users obtain standardised corporate action information that enhances the processing of these events …
Continue readingNew CPSS IOSCO Principles are leaving nothing to chance
The infamous largest passenger liner of its time, the RMS Titanic, promised the world it would not sink and yet its powerful design still was no match for the iceberg that sent it to its underwater grave. Similarly, there were those financial entities who claimed that they were too large to fail …
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 readingStrate recognised as a Southern African Best Company to Work For in 2012 Deloitte survey
Strate has been voted the Southern African best company to work for regional winner in the 2012 Deloitte ‘Best Company To Work For’ Survey’s small company category …
Continue readingThe importance of a Trade Repository for over-the-counter derivatives
In the aftermath of the global financial crisis, great concern was expressed over the lack of transparency and risk management of the over-the-counter (OTC) derivatives market, which many believed to be one of the fundamental causes for …
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