Tag Archive for 'over the counter'

South Africa’s securities exchange war goes to court

Court is the next battleground in a war between securities exchanges in South Africa. New exchange 4AX launched a High Court application to set aside both the decision of the FSB and its Appeals Board to grant a licence to new exchange ZAR X.

Exchange trends from World Exchange Congress 2016

Back to the “coffee shops” – exchanges’ new roles in information, bringing together market participants. Trend highlights today at the World Exchanges Congress 2016.

Soaring trading on Nigeria’s FMDQ market for fixed income and fx

Nigeria’s booming fixed interest and currency securities exchange FMDQ OTC Plc (“over-the-counter”) recorded market turnover of NGN93.9 trillion ($471.7 billion) for the 8 months to 31 August.

JSE mixes exotic flavours in currency derivative trading

South Africa’s securities exchange, the JSE Ltd, is to launch a set of exotic currency products after demand from some South African banks. These derivatives give investors the advantages of listed derivatives but are as flexible as over-the-counter contracts.