Strate welcomes the news that its client – one of South Africa’s newest exchanges, 4 Africa Exchange (4AX) – announced its first two issuer listings on the Exchange – NWK Limited and NWK Holdings Limited. NWK used to trade shares in the over-the-counter market. However, changes to financial market legislation and regulations meant that companies like […]
On Friday 13 October, 2017, the first non-cash collateral exposure between A2X Markets and one of its brokers was successfully reported and settled using Strate’s Tri-Party Collateral Management Services. This came just over a week after A2X Markets had announced it was operational and settling transactions on a T+3 settlement cycle using Strate’s settlement infrastructure. […]
South African Central Securities Depository (CSD), Strate, has confirmed that all the milestones necessary to proceed with its Debt Instrument Solution (DIS) Project have been met. This landmark has been achieved through an extended period of commitment and testing involving all market stakeholders. Strate is, therefore, pleased to announce that 22-26 September 2017 has […]
Strate, a South African Central Securities Depository (CSD), has shown the robustness of its clearing and settlement technology by offering equities settlement to multiple markets. On 28 February 2017, it welcomed 4 Africa Exchange (4AX), the country’s newest exchange which focuses on listing companies that are currently trading over-the-counter (OTC) shares in Broad-based black economic […]
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 […]
During Septrember 2017, Strate revamped our bond clearing and settlement system with new advanced technology to take the entire market forward using global best practice and standards. This page includes various educational material and news updates on the project. Fee Schedule Bonds Depository and Settlement Fee Schedule Bonds Participation Fee Schedule Bonds Issuer Fee Schedule […]
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.
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.
Strate’s success lies in its independence and good corporate governance. It has continued to be a trusted and independent party in the market, which is evident by Strate offering CSD services to new stock exchanges. At the beginning of September 2016, the Financial Services Board notified the market that it had granted ZARX and […]
With an average of R2.4 trillion bonds under Strate’s custody, Strate’s bond market clients will soon enjoy using one of the best and most-used CSD technologies globally, the TCS BaNCS Market Infrastructure (MI). It will enable the move from older technology ISO15022 standards to ISO20022 standards. Issuers will also be provided with an interface that […]
- Companies’ share register information is not restricted by new laws August 1, 2013
- Enhancing Industry Knowledge with Exciting new Content on Strate e-Tutor July 6, 2015
- Application to Become a Local Operating Unit for Legal Entity Identifiers Underway October 9, 2015
- Strate is moving offices February 22, 2019
- Bond and Equity donations change the lives of children across South Africa November 2, 2018
- A tribute to Iann Seymour-Smith October 17, 2018
- Strate: Thank you for your message. You're welcome to do ...
- DENICE BROOKES: Good day, Please can you submit an LEI prescript...
- Raj Sharma: Security is indeed an important factor in every ty...
- Best Company To Work For
- Big Data
- Chinese Walls
- Clearing and Settlement Service
- Consumer Education
- Corporate Actions
- Corporate Governance
- CSD Operations
- Distributed Ledger Technology
- Financial Market Development
- Fractal Solutions
- integrated report
- Issuer Connect Newsletter
- Liquidity Alliance
- Mandela Day
- Segregated Depository Account
- Settlement Cycles
- share register (BND)
- social media
- South Africa
- stock exchange
- Strate Charity Shares
- STRATE Supervision
- Strate Talk
- Trade Depository
- World Forum of CSDs
- ZAR X