2 .
THE JSE
, Component 2: The JSE
2 1
.
. HISTORY
2 2
. .
ROLE IN SA
·
initially founded to attract capital for mining sector
MAIN FCCN :
attract new capital
/
primary secondary
market
PRIMARY MARKET :
activities where new Capital is created
·
fin . instruments traded :
rights issues
,
new listing (IPO) debentures/bonds
,
·
large amts of risk-averse capital - risk Capital
·
price determined by the issuer of the new fin .
instrument
THE JSE
, Component 2: The JSE
2 1
.
. HISTORY
2 2
. .
ROLE IN SA
·
initially founded to attract capital for mining sector
MAIN FCCN :
attract new capital
/
primary secondary
market
PRIMARY MARKET :
activities where new Capital is created
·
fin . instruments traded :
rights issues
,
new listing (IPO) debentures/bonds
,
·
large amts of risk-averse capital - risk Capital
·
price determined by the issuer of the new fin .
instrument