Tag Archives | featured

Strate extends its services to a new exchange as ZAR X goes live

Strate, a South African Central Securities Depository (CSD), has welcomed the official go-live of South Africa’s newest bourse, ZAR X, after successfully integrating the exchange into Strate’s clearing and settlement platforms.   At the beginning of September 2016, the Financial Services Board notified the market that it had granted ZAR X an exchange licence. Strate […]

Read full story Comments { 0 }

‘Liquidity Alliance’ builds blockchain solution for cross-border collateral transfer

Four members of the ‘Liquidity Alliance’ (LA), an international group of central securities depositories (CSDs), are cooperating with Deutsche Börse to launch an initiative leveraging blockchain technology to ease cross-border mobilisation of security collateral. With the planned solution, The Canadian Depository for Securities Limited (CDS), Clearstream (Luxembourg), Strate (South Africa) and VPS (Norway) want to […]

Read full story Comments { 0 }

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.

Read full story Comments { 0 }

Strate Charity Shares’ Donations Surpass R6m Mark

Strate Charity Shares (SCS) is registered as a non-profit organisation and charity donation programme that was created almost 15 years ago to address the long-standing problem of investors holding small amounts of unwanted shares. Since 2002, SCS has paid more than R6 million to charities dedicated to helping children.  It hands donations to charities across […]

Read full story Comments { 0 }

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.  

Read full story Comments { 0 }

Rob Barrow appointed Chairman of Strate

Rob Barrow, a current board member of Strate, has been appointed the chairman of the company’s Board, effective 4 November 2016.   Monica Singer, Strate’s CEO, welcomes the appointment of Barrow. “Rob has a wealth of expertise and knowledge spanning more than two decades in the capital markets and he has served on Strate’s board […]

Read full story Comments { 0 }

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 […]

Read full story Comments { 0 }

Winners of the Finance and Investment Management Olympiad Announced

The Finance and Investment Management Olympiad (FIMO) is an initiative of the Finance and Investment Management Department at the University of Johannesburg (UJ), focused on Grade 10, 11 and 12 learners in high schools across all nine provinces. Earlier today, a group of prestigious individuals were awarded as winners of the second annual FIMO.   […]

Read full story Comments { 0 }

Strate Processed Largest Corporate Action in its History

    Strate successfully processed the electronic entries which enabled the conclusion of the acquisition of SABMiller by Belgian-Brazillian group, Anheuser-Busch InBev; the largest corporate action in its 18-year history. Shareholders received in excess of R116-billion in cash entitlements, executed through the South African Reserve Bank.   “Since the Competition Commission’s approval of the merger […]

Read full story Comments { 0 }

Strate Africa Blockchain Summit

On 13 October, Strate held its Africa Blockchain Summit in Johannesburg to educate the market about Blockchain and Distributed Ledger Technology. The event was a great success, attended by over 200 delegates. Below are some pictures from the Summit.   Ten blockchain experts, including four international speakers, presented at the event. The following presentations have been […]

Read full story Comments { 0 }