Latest Press Releases

JOHANNESBURG, 12 March 2012 – Standard Chartered Bank today announced the launch of Securities Services in South Africa, expanding the Bank’s existing regional securities services to the largest economy on the continent. South Africa is the 5th new market in which Standard Chartered has launched securities services since the Bank’s ...

98% of SA's R1,15 trillion in bond market assets now dematerialised Dematerialisation has significantly reduced the post-trade risks associated with the previous paper based settlement environment Strate's drive to a paperless South African bond market has culminated in a 98% dematerialisation success rate amongst the R1,15 trillion ...

The two companies have entered into exclusive negotiations to explore the development of the new service for South Africa Strate clients would benefit from a more efficient use of their domestic collateral South Africa would be the third market, after Brazil and Australia, to use the Liquidity Hub GO outsourcing service from ...

New Offering Expands Citi's Proprietary DCC Network to 60 Markets globally and 34 markets across EMEA JOHANNESBURG, LONDON- Citigroup today announced that its Global Transaction Services business has begun to provide Direct Custody and Clearing (DCC) services to its clients in South Africa. This new offering expands Citi's proprietary DCC network ...

Link Investor Services (Pty) Ltd has been approved as a South African Central Securities Depository (CSD) Participant for Equities as of 1 November 2011 by the Controlling Body of Strate and the Financial Services Board. Link is the first new CSD Participant to enter the South African Equities Market in over ten years. The role of a CSD ...

Strate is pleased to announce that it has once again been voted the winner of the 2011 Deloitte Best Company to Work For Survey, Financial Services (General) Industry category. In the Small Companies category, Strate achieved an excellent placing of 3rd position overall and was recognised as one of the companies that obtained an overall ...

Strate Ltd (Strate) of South Africa and the SIX Securities Services Central Securities Depository, SIX SIS AG, of Switzerland have signed a Memorandum of Understanding (MOU) aimed at establishing a direct CSD-to-CSD link between them. The link will be made possible through Strate and SIX SIS AG's membership of Link-Up Markets, the purpose of ...

The money market industry has achieved another critical milestone for the dematerialisation of the money market securities project in South Africa. As from 29th August 2011, all Category 3 type money market securities, comprising those instruments with a variable/floating coupon rate and fixed maturity date, will be issued, traded and ...

Strate Ltd, South Africa's authorised Central Securities Depository (CSD), has seen a record number of settlement transactions moving through its system over recent days. Strate settles all equities and bond transactions for the JSE as well as money market securities. Given the recent market volatility on both local and international bourses, ...

The ongoing dematerialisation of South Africa's money market securities is running on schedule as the industry is set to dematerialise Category 3 securities by end August 2011. Category 3 money market securities comprise those instruments that have a variable coupon rate and fixed maturity date. Strate, South Africa's Central Securities ...