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Equity Corporate Action Payments through the South African Reserve Bank (SARB)

After months of extensive testing, planning and market education around the enhanced payment process, it is with great excitement that we announce the successful implementation of this solution on 5 October 2015.   We are confident that this new model will achieve the desired goal of mitigating risk by reducing the dependency on commercial banks […]

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Feedback from the Issuer Forums

Strate hosted its first Bonds Issuer Advisory Forum on 27 August in Johannesburg.   The main purpose of the forum was to provide issuers with an overview of the new Debt Instrument Solution that Strate will be implementing. Strate has partnered with Tata Consultancy Services, which is a globally recognised industry leader in their field. […]

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Update on the Move to T+3 for Equities

Strate continues to work with the JSE and other market participants to implement a shortened settlement cycle for equities, which will reduce from five business days to three days, and be in line with international standards. We will continue to distribute educational material from the JSE over the next couple of months and encourage you […]

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Revision of the Register Administration Fee

In our interactions and meetings with issuers, the matter around the rigidity of the Register Administration fee has been a common theme. This fee would typically appear on issuers’ monthly invoices and covers each individual electronic book entry movement on the securities register that occurs in the dematerialised environment. The fee is calculated using the […]

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Springbok Fever Breakfast

With the Rugby World Cup taking place during September and October, a breakfast was held at the Wanderers Club for our issuer clients in July. It was co-hosted by Strate, the South African Rugby Union (SARU) and Peiser Connections and was well-attended.   The aim of the morning was to raise awareness around SARU’s Rugby […]

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Feedback from the GIBS Conference

The Game Changers in Financial Markets conference was hosted by Strate, in conjunction with the Payments Association of South Africa (PASA) and the Gordon Institute of Business, on 29 September. The conference was a resounding success and delivered on its primary objective of providing premier thought leadership through its line-up of keynote speakers, as well […]

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Stakeholder Data Services (SDS) is a new Transfer Secretary in South Africa

Stakeholder Data Services (SDS) has announced it is offering transfer secretarial services in South Africa. Strate would like to congratulate SDS on the launch of their new business and it looks forward to working with them in future.    

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First Bonds Donated to Strate Charity Shares

Strate Charity Shares (SCS), a registered non-profit organisation and charity donation programme, has received its first bond donations that will go towards supporting charities across South Africa that are dedicated to feeding, raising and educating children.   SCS was created over thirteen years ago to address the long-standing problem of investors holding small amounts of […]

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