Summary Component 2: The JSE

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