Africa · ZA
A bond can be marketed as green and still be refused entry to the Johannesburg Stock Exchange's green segment. Here is the verification chain that decides which ones qualify.
Before a thematic exchange-traded fund ever trades a share, a chain of rules, from eligibility screens to index committees to rebalancing bands, determines exactly what goes in and what gets dropped.
A look at how sector classification works on the Johannesburg Stock Exchange and why the performance of a handful of industry groups can steer the whole index.
A bond can be marketed as green and still be refused entry to the Johannesburg Stock Exchange's green segment. Here is the verification chain that decides which ones qualify.
Before a thematic exchange-traded fund ever trades a share, a chain of rules, from eligibility screens to index committees to rebalancing bands, determines exactly what goes in and what gets dropped.
A look at how sector classification works on the Johannesburg Stock Exchange and why the performance of a handful of industry groups can steer the whole index.
Between the moment underwriters set an IPO's offer price and the opening bell, a tightly choreographed sequence of confirmations, allocations, and exchange procedures unfolds, mostly invisible to the public.
Behind every corporate bond listed in Johannesburg sits a web of gatekeepers, from debt sponsors to trustees, that most investors never think about until something goes wrong.
Behind a single circular sent to shareholders lies months of regulatory clearance, pricing decisions and disclosure work: here is what the JSE Listings Requirements actually demand of a company raising capital through a rights offer.