Scope Prime, the award-winning institutional liquidity brand of Rostro Financial Group, has today announced further enhancements to its product suite for the South Africa market. A range of equity and ETF CFDs covering assets traded on the Johannesburg Stock Exchange will be offered by Scope Prime as the commitment to broadening market access both regionally and across the globe continues.
Daniel Lawrance, CEO of Scope Prime, commented:
“This upgrade to our product set in South Africa comes at a pivotal time for the local market. As some other brokers are pulling back from the region, we are doubling down on our commitment to providing better market access globally, including access to JSE-listed equity CFDs. In times of unprecedented market volatility, we know that having reliable counterparties to work with has never been more important.”
Assets offered will include equity CFDs for high profile names including Sasol, Naspers, MTN and Shoprite, alongside ETFs covering broader regional economic sectors such as mining, telecoms and retail. With CFDs, transaction costs can be reduced as trades are exempt from Securities Transfer Tax and ownership fees, whilst administrative burdens are also minimised with Scope Prime meeting key reporting obligations. Pricing is delivered via an integration with leading technology provider Iress, ensuring clients benefit from the most transparent pricing based on real-time, exchange data.
