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South African bond market to witness historic change

The South African bond market will soon receive a new clearing and settlement system that will replace the one that has served the market since 1991.   The revolution is being spearheaded by the country’s Central Securities Depository, Strate, which owns the current bond settlement system it inherited from UNEXCor, following a merger between both […]

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Strate: A Pioneer of Exchange-of-Value Settlement Solutions

All too often, good infrastructure goes unnoticed. This is probably one of the reasons why few South Africans know and understand the country’s Central Securities Depository, Strate, however, without it, investors would shy away from South Africa.
Prior to the implementation of Strate in 1999, SA was categorised as one of the worst emerging markets in terms of operational and settlement risk. Trading volumes on the stock exchange were averaging 4,000 trades daily, very thin when this is compared to the 350 000 on average during a month today.

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Infographic: Strate Fast facts

From a Thomas Murray AA- rating, to Strate being ranked among the top Central Securities Depositories globally, click here to view an infographic that tells you all the fast facts that you need to know about Strate.  

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Strate from the Ground

For the past 18 years Strate, South Africa’s Central Securities Depository, has focused on settling securities transactions across South Africa’s financial markets. Today, the organisation is placing a core focus on financial literacy through its consumer education initiative, Strate from the Ground.   According to Dr Merrill van der Walt, Data Scientist at Strate, one […]

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SA’s Financial Market Development Continues to Rank in Top 20

The 2015-2016 Global Competitiveness Index (GCI) report published by the World Economic Forum (WEF) continues to show South Africa placed amongst the top 20 countries globally in terms of financial market development.   After studying 140 countries, South Africa was ranked 12th in terms of financial market development. New Zealand and Singapore were first and […]

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