The Johannesburg Stock Exchange (JSE) will offer co-location services as it is looking to transform from a share trading platform into an exchange offering trading in equities and derivatives, Financial Times reports. The launch of co-location services follows the adoption of trading technology from the London Stock Exchange. The new technology will also enable the JSE to move its equity market trading engine from London to Johannesburg in the first half of 2012. The JSE may also place additional checks and balances on its existing automated order entry and direct market access approvals procedures so that the new offering does not compromise its regulatory standards.
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