Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Cross Listing Of Exchange Traded Funds On African Exchanges - Investors To Gain Exposure To Shares Listed On Johannesburg, Kenyan And Nigerian Stock Exchanges

Date 12/08/2015

There is a move afoot that will lead to improved liquidity on Africa’s exchanges. This move will see increased cross listings of Exchange Traded Funds (ETF’s) on the larger exchanges on the continent. There is a concerted effort from ETF issuers in various markets to cross list new and existing ETF’s on to other exchanges, and the exchanges themselves are working to ensure that the right frameworks are in place to enable this.

Discussions are currently underway between market participants in Nigeria, Kenya and South Africa to launch the cross listing of Exchange Traded Funds (ETFs).

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