JSE to offer real-time market data to mainland China

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The Johannesburg Stock Exchange (JSE) will soon distribute real-time market data to mainland China after signing an agreement with China Investment Information Services (CIIS).

With the deal, the local bourse will, through CIIS, initially offer real-time data for JSE-listed equities and FTSE/JSE indices, with a plan to consider additional asset classes and data feeds over time.

The JSE and CIIS are finalising connectivity and enablement arrangements, with the aim to make the data available in the first half of 2021.

CIIS is the wholly-owned subsidiary of the Shanghai Stock Exchange and is appointed to distribute and market securities-related information. CIIS provides the licensing of market data and technical connection to mainland China for overseas exchanges.

The local bourse says this forms part of the JSE’s long-term focus to grow and deepen the local market by attracting new clients to trade and invest in SA.

“This collaboration is an exciting first step in our Asian growth journey. Investors with an interest in South Africa will require reliable access to JSE market data as a precursor to any trading activity. With JSE market data now available, we can start to turn our attention to how we build interest in the JSE as a trading destination.”

“We believe that a diverse and broad client base will help deepen the liquidity and activity in the South Africa market. This move supports our plans to see trading activity that originates from a broader global base. We are excited to work with CIIS to launch JSE market data in Mainland China,” says Mark Randall, director of information services at the JSE.

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