Non-trading revenue saves day for JSE as trade volumes fall
Exchange aims to roll out several new products in the segment, which accounts for 36.8% of revenue
18 March 2024 - 19:55
The JSE Ltd, the listed company that operates Africa’s largest exchange, aims to grow its non-trading revenue by double digits in the years ahead as the volume of shares being traded on the local bourse dwindles, posing a liquidity challenge for investors.
CEO Leila Fourie on Monday said the exchange would be rolling out several new products to augment its non-trading business, which now accounts for 36.8% of revenue, up from 29% in 2019...
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