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JSE sees record day trades

JSE sees record day trades

Photo by Bloomberg

17th October 2014

By: Natasha Odendaal

Creamer Media Senior Deputy Editor

  

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The JSE this week experienced a record number of trades on the bourse’s equity market.

A total of 395 969 trades, valued at R24.6-billion, took place on the JSE on Thursday.

This was well above the previous intraday record of just under 300 000 trades on the JSE Equity Market, the JSE said in a statement on Friday.

The average number of trades a day in this market during 2014 was about 176 000.

“Records like this show that the JSE continues to provide a stable, credible and world-class trading platform, as well as access to a very liquid market with deep pools of capital,” said JSE Trading and Market Services director Leanne Parsons.

The JSE’s trading systems handled the large number of transactions without any difficulty.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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