JSE Clearing and Settlement performs a similar role to that of a clearing house in providing settlement assurance for the JSE's Equities Market.

Clearing and Settlement Operations Equities Operations


The functions of the JSE Clearing and Settlement division - Cash Equities Market:

  • Monitoring settlement to ensure settlement takes place as per the JSE Rules and directives for the Equities Market.
  • Performing securities and money lending and borrowing as lender of last resort.
    • Rolling of settlements.
    • Fails trade management procedures
    • Rolling of trades
  • Failed Trades
  • Compensation
  • Inward listings for equities reporting
  • Black Economic Empowerment (BEE) reporting

Equity Market Services

The Equity Market Services team is responsible for the management of the back office system Broker Dealer Accounting (BDA) used by Equity Members.