Johannesburg

Stock Exchange (JSE)

The JSE is currently ranked the 17th largest stock exchange in the world by market capitalisation and the
largest exchange in the African continent

The JSE was formed in 1887 during the first South African gold rush. Following the first
legislation covering financial markets in 1947, the JSE joined the World Federation of
Exchanges in 1963 and upgraded to an electronic trading system in the early 1990s. The bourse
demutualised and listed on its own exchange in 2005.

In 2003, we launched an alternative exchange, AltX, for small and mid-sized listings, followed
by the Yield X for interest rate and currency instruments. The JSE then acquired the South
African Futures Exchange (SAFEX) in 2001 and the Bond Exchange of South Africa (BESA) in
2009. Today we offer five financial markets namely Equities and Bonds as well as Financial,
Commodity and Interest Rate Derivatives.
Market Capitalization

Ranked 17th in Market Capitalization ($987.16 Billion)

Market Cap over South Africa GDP ratio is 278.94%

South Africa Statistics

Ranked 34th in Gross Domestic Product ($353.9 Billion)

Ranked 25th in Population (49 Million People)

The Johannesburg Stock Exchange trades shares in South Africa Rand. The official ISO
4217 currency code for South Africa Rand is ZAR. The official currency symbol is "R".

The Global Competitiveness Report 2015-2016 published by the World Economic Forum recognised
South Africa as being one of the top two best regulated securities exchanges in the world, for six years
running.

Strate, which is licensed as South Africas central securities depository

Strate provides electronic settlement for the JSE

The Equity Market provides trading in equities. Products include: Primary and dual-listed ordinary
shares, preference shares, depository receipts, property entities like real estate investment trusts
(REITs), special purpose acquisition companies (SPACs), warrants, structured products and exchange-
traded products (ETFs and ETNs). The Financial Derivatives Market and the Bond Market provide
secondary market access to financial derivatives and to debt instruments. The Financial Derivatives
Markets products include: Index and single-stock futures and options, can-do futures and options,
exchange-traded contracts for difference (CFDs) and other sophisticated derivative Instruments in
equities, currencies and interest rate asset classes. The Interest Rate Markets products include:
Bonds, floating-rate notes, commercial paper and hybrid instruments. The Commodity Derivatives
Markets products include: a range of cash-settled rand-denominated derivatives on various local and
international benchmark commodities, including softs, energy and various metals, under licence from
the CME Group, as well as the recently launched beef carcass contract.

JSE 17,216.00
Symbol Last
FTSE JSE index total members 163
 The JSE is the frontline regulator for the exchange, setting and enforcing listing and membership
requirements and trading rules. The Financial Services Board (FSB) supervises the JSE in the
performance of its regulatory duties.

Ranked third in the world in terms of value of bonds traded on an exchange according to the World
Federation of Exchanges (WFE)

FTSE JSE INDEX

Index Launch 24 June 2002 Base Date 21 June 2002 Base Value 10815.08

Mkt Cap 7,317,924 ZARm

Dividend Yield % 2.91

Number of listed companies (05/16) 397

Domestic market capitalization (in Millions USD, 05/16) 1,015,541