Rand-Denominated Contracts, CME Group Settlement Prices THE CME Group and the Johannesburg Stock Exchange (JSE) have a strategic partnership achieved through a licensing agreement. The agreement allows JSE to offer marginal futures and options on agricultural, metal and energy products, which are charged against CME Group`s international reference settlement prices. Products are currently included: a foreign exchange option (CO) contract is an agreement that gives investors the right, but not the obligation, to buy or sell a currency futures contract at a future date at a fixed price. A futures contract (CFs) is an agreement that gives the investor the right to buy or sell the underlying currency at a fixed exchange rate at a given time in the future. In 2001, an agreement was reached with the London Stock Exchange, which allowed cross-trading between the two exchanges and replaced the JSE trading system with that of the LSE.  Strong activity of individual and institutional investors as well as hedge funds The discovery of gold on the edge of the Witwatersrand in 1886 led to the opening of many mining and financial companies and the demand for a stock exchange grew rapidly. The first stock market transactions on the edge took place in a rustic canvas tent, with trading taking place on Sunday, as it was the only day mining was not allowed under a strictly imposed regulation banning the entry of African workers to the golden reefs. • prohibited commercial practices (market manipulation); And in August 1997, the JSE launched the Real-Time Stock Exchange News Service (Sens) to improve market transparency and investor confidence. Market abuse consists of three prohibited forms of conduct within the meaning of the Financial Markets Act, namely - the stock exchange successfully performs its main function - the acquisition of primary capital - by redirecting cash resources to productive economic activity, thereby creating the economy while improving employment opportunities and wealth creation. The JSE offers a market where securities can be traded freely under a regulated procedure.
Not only does it direct money to the economy, but it also offers investors returns in the form of dividends. Established in 2007, the JSE Currency Derivatives Market enables exchange-traded trading and foreign exchange options and offers market participants the opportunity to hedge against currency risks, diversify internationally and consider the movement of underlying exchange rates. The JSE offers a wide range of currency derivatives that follow the marginal exchange rate against the US dollar, euro, pound sterling, Australian dollar, Japanese yen, Swiss franc, Botswana Pula, New Zealand dollar and Canadian dollar.