Jse — Investor Presentation (May 2003)

8 slides from Jse's investor presentation, May 8, 2003

Slide 1: The JSE Securities Exchange Clearing and Settlement
THE JSE SECURITIES EXCHANGE CLEARING AND SETTLEMENT 8 May 2003 1. www.jse.co.za
Slide 2: Where Do We Start
WHERE DO WE START – 1999 STRATE – T+5 Rolling Contractual Settlement – Guaranteeing of Trades by JSE – Ring Fencing – Segregation of clients assets 2. www.jse.co.za
Slide 3: Process Flow Timeline
PROCESS FLOW TIMELINE Equities clearing and settlement in South Africa is relatively complex, involving many parties, systems and interfaces. Client A Client B (Buyer) Buy Order SETS Sell Order (Seller) Settlement Confirmation / Affirmation Settlement Confirmation / Affirmation Contract Buy Order Ma
Slide 4: Process Flow Timeline
PROCESS FLOW TIMELINE T T+1 T+2 T+3 T+4 T+5 Deal Execution Settlement Order Deal Allocation Contract Note Deemed Affirmation Client / Broker Client Affirmation to CSDP or Client Rejection to Broker Broker Net Broker Re-Allocation Non-Controlled Client Affirmation on Re-Allocation Client Breach Princ
Slide 5: Trade Monitoring System
Trade Monitoring System 5. www.jse.co.za
Slide 6: Trade Monitoring System
Trade Monitoring System 6. www.jse.co.za
Slide 7: Trade Monitoring System
Trade Monitoring System 7. www.jse.co.za
Slide 8: Trade Monitoring System
Trade Monitoring System 8. www.jse.co.za