4 Africa Exchange

[Thor]

Hey, can someone maybe help me, I heard we are getting a second stock exchange. Is there anyone that knows something about this?

Also would it be wise to buy into a new exchange etc?

This whole thing makes me so excited !!

 

[Thor]

Mid day Bump...

 

[Drifter]

A consortium of companies is in the process of making an application to the FSB to register as a licensed stock exchange.

http://www.cnbcafrica.com/news/sout...0/south-africa-jse-4ax-second-stock-exchange/

 

[Thor]

Yea I read that, hence this thread, to find out a little more


And the risks etc

 

[Thor]

Morning bump

 

[Alton Turner Blackwood]

This whole thing makes me so excited !!

Why?

 

[Thor]

A second stock exchange in more than a century.


127 years to be exact

 

[Turbo_Aspiration]

Makes life more interesting (or complicated I guess).

http://www.eief.it/files/2014/10/lescourret.pdf

There are some downsides though

http://web.law.columbia.edu/sites/d...apital-markets/Market Fragmentation Paper.pdf

A massive benefit will the increased competition (possibly lowering listing and transaction fees).

 

[Thor]

Thank you for the links !