JSE Review Of Market Structure, Trading Methodology And Technological Infrastructure

The Johannesburg Stock Exchange is conducting a review of the market structure, trading methodology and technological infrastructure. The review will include, inter alia, the following: trading hours, trading sessions, trading methodology for illiquid securities, trading methodology for odd lots, determination of ruling and closing prices, provision of products and services, regional and international initiatives, impact of competition from ECNs and ATSs. The aim of the review is to ensure that the JSE is well positioned to continue to compete in the globally competitive environment of exchanges. The JSE will be consulting with a wide spectrum of market participants and users. Written submissions may also be forwarded to Mrs L Parsons at the JSE by 24 December 1999.