JSE Offers Incentives For Currency Trade

The Johannesburg Stock Exchange is planning to provide incentives for larger currency deals and greater trading flexibility for its investors.

The Johannesburg Stock Exchange (JSE) is planning to provide incentives for larger currency deals and greater trading flexibility for its investors, Business Live reports. The stock exchange will make its currency derivative markets more attractive and competitive with the incentive plan.

The measures include changes to the fee structure and the launch of new trading strategies. The JSE will only charge on one side of the transaction, which will allow participants to synthetically trade any two foreign currencies against each other.

Click here for the story from Business Live.