Africa’s largest stock exchange is “exploring collaboration opportunities” with data vendors in southeast Asia, Fourie says. Information services contributed about 15% of the JSE’s revenue in the last financial year and “continues to be an area of focus for the exchange,” she adds.
The JSE agreed with China Investment Information Services Limited (CIIS), a subsidiary of the Shanghai Stock Exchange, to provide JSE market data access to local distributors in mainland China in November 2020. In the first six months of this year, the JSE’s revenue excluding currency changes from information services showed growth of 9%, while equity and bond market revenue declined.
Source: The Africa Report