Yesterday, the JSE recorded the highest number of trades ever traded in the exchange’s 123 year history. One hundred and eighty four thousand three hundred and thirty six trades (184,336) trades valued at more than R 20 billion were executed on exchange.
“Some of this trade can be attributed to increased global uncertainty, and therefore increased market volatility,” says Leanne Parsons, Head of Equities Trading at the JSE.
The record comes on the back of the JSE’s introduction of a new billing model on 1 March 2010. The new billing system was implemented to recognise both low value and high volume traders.
|
Trading
statistics for the 5/05/2010 |
|
|
Volume |
431,071,716 |
|
Value |
R 20,143,645K |
|
Number
of trades |
184,336 |
|
Trading
statistics for the previous record 18/03/2010 |
|
|
Volume |
539,232,426 |
|
Value |
R26,160,690K |
|
Number
of trades |
172,433 |
