Miss Behavin

Hiking VAT is political poison pill especially if its bumped up to 18%. How about cutting the R25billion "irregular expenditure" incurred last year... the theft is rife and must be stopped !!!!

Did you guys see this, live prices and depth per company on ZAR X !!? You didn't think that they would do it, I thought it was a cheap marketing stunt https://www.zarx.co.za/company-list

Are these people for real...do they not have a business to run ? 4AX mulls appeal on ZAR X ruling 4 Africa Exchange (4AX) is considering a high court application to have the Financial Services Board’s (FSB) appeal board judgment reviewed, in terms of which rival entrant ZAR X has kept its exchange licence. 4AX felt the nub of its concerns over ZAR X’s exchange rules had not been adequately addressed or resolved, said CEO Fay Mukaddam. 4AX and ZAR X, which will compete for much the same markets, were both granted exchange licences on August 31 2016. The JSE initially appealed against both licences and then withdrew its appeal against 4AX’s after a co-operation deal was reached between the two. On September 29 4AX launched a separate appeal against the decision of the registrar of securities services to grant ZAR X a licence. https://www.businesslive.co.za/bd/companies/financial-services/2017-02-15-4ax-mulls-appeal-on-zar-x-ruling/

Interesting times ahead, one has to wonder what their platform will look like and if you need to subscribe with a monthly fee in order to trade. The article was very clear live prices will be free on the ZAR X website...whoop whoop :-D

I read with interest in the Business Times yesterday that ZAR X will be offering live prices on their website !!! How cool is that...these guys are gonna rock the boat

I noticed that ZAR X posted the announcement on their instagram account last night already zarx_xchange

"No matter how sensible the idea seemed internally, its attempt to block a newly licensed competitor ZAR X was wrong. With the Financial Services Board now having rejected its appeal, the JSE’s approach shapes up as a monumental blunder. It is now on the back foot. Not a great place for Goliaths when Davids are approaching." – Alec Hogg http://www.biznews.com/sa-investing/2017/02/10/stockex-fsb-jse-zarx-licence/

"In terms of the financial market Act (FMA) all investors must trade using a broker or market participant as ZAR X calls them. " From their response they say you must have a broker, so its clearly not a just a trading platform, maybe these guys have cooked up some hybrid solution....could we find out from them ??

Ouch !!! http://www.moneyweb.co.za/news/industry/zar-x-files-competition-commission-complaint-against-the-jse/

Interesting to see in article that the ZAR X guys have launched a competition commission investigation against JSE; #fightingback Wonder how that is going to pan out

Did you peeps see this ? http://www.moneyweb.co.za/news/companies-and-deals/zar-x-ceo-on-switching-on-and-the-battle-with-the-jse/

This is great news, thank you for the update ! Super excited about new markets opening in SA. Still no actual start date tho. I guess they are waiting for all the legal stuff to get out the way ....

I was searching for news on ETF's . Forum seemed relevant and interesting

25bps on CFDs. But custody is expensive @ 15bps or max of R500 per quarter

I use Saxo, flexible and have access to lots of markets

According to the article ZAR X is live but the JSE are trying to stop them and 4AX are sometime in March, the others have applied and are waiting for licences. Has anyone seen where you can trade ??

Reading this article begs the question if there is room for another 3 exchanges over and above the JSE, 4AX and ZAR X which have been licensed

Very interesting indeed. Wondering why JSE dropped litigation against 4AX but are continuing to box with ZAR X ?? Anyone know the reason for this ? Cant wait for these new exchanges to get going its gonna be epic !