Sheperd M. on LinkedIn: Africa: The Rising Hub for Brokers and Proprietary Trading Firms (2024)

Despite various global and domestic challenges and uncertain macroeconomic conditions, the Republic of South Africa (RSA) has managed to maintain a strong growth trajectory, benefiting from a mature, well-structured and dynamic financial markets environment. So what are some of the technology requirements for accessing the market, and how are things changing?Read what Mike Powell, Richard Hills, Kevin Brady, Valdene Reddy, John Owens and Gordon McArthur have to say on the topic in my latest article for TradingTech Insight, from A-Team Group at https://lnkd.in/ec9Y3wkT#southafrica #financialmarkets #tradingtechnology

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Indices Trading: Guide to Navigating African and Global Markets In these times of economic uncertainty and instability, looking for additional means of income is essential for your financial security. Thankfully, this has become more feasible and doable thanks to the rise of digital technologies and the Internet. Theonline tradingmarket has seen a gradual increase globally over the years with the advent of user-friendly platforms and cost-effective trading options.For online trading specifically, the African region has recently emerged as a market of untapped potential with space for further growth. Notably, #Nigeria leads the charge in African online trading, supported by its population of over 200 million. Among the many common means of trading and investment isindices trading. By trading indices, retail investors can access company stocks in global markets by speculating on indexes instead of directly buying shares or stocks. In this post, we'll look https://lnkd.in/dVGvHQVa #ECONOMY

I enjoyed an insightful interview with Kayode Tokede from THISDAY about the growth and development of African capital markets amidst uncertainty in the global and domestic economic environments.At SecondSTAX, we offer robust infrastructure that allows market players to access trading opportunities and gain visibility across all African markets. To achieve this, we have collaborated with three prominent African securities exchanges - the Nigerian Exchange Group (NGX Group) (NGX), the Ghana Stock Exchange (GSE), and the Nairobi Securities Exchange PLC (NSE). We aim to bring together Africa's capital markets and create a unified platform that benefits the entire continent.Please see the link below to the article: https://lnkd.in/dTMyRvMN #AfricanCapitalMarkets #FinTech #SecondSTAX

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ICYMI, Check out this must-read article on the evolving landscape of Africa's financial industry. This thought-provoking article with contributions from Bennie van der Westhuizen, CEO of Computershare South Africa, featured in Asset Servicing Times recently, and explores the positive impact of digital solutions like #Proxymity on transforming #ProxyVoting and #ShareholderEngagement in the region.Bennie shares his thoughts on the proxy voting process in Africa, 'Shareholders want convenience, certainty and trust in the technology they use. Our issuer clients also want regtech solutions that help drive greater transparency — such as the voting decisions of the underlying investors. Issuer clients want more governance, which is critical when it comes to shareholder engagement. Proxymity seeks to deliver this with their platform.'Read the full article here:https://bit.ly/3Nfh6aL#AfricaFinance #IndustryInsights #FinancialGrowth #Innovation #SouthAfrica #AssetManagement

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Unlocking the Potential: Exploring the Future of Financial Markets in Africa

📈 A healthy and well-functioning bond market is a cornerstone of a successful modern economy. Adequate liquidity enables smooth trading of financial assets and provides access to funds for those who need it. Additionally, it offers attractive returns to those with excess capital.
Bond market liquidity offers numerous advantages:1️⃣ Efficient price discovery: A liquid bond market promotes efficient price discovery, enabling bond prices to accurately reflect their intrinsic value. This benefits both buyers and sellers, ensuring fair prices can be achieved through frequent trading.2️⃣ Lower transaction costs: High trading volumes in liquid markets result in lower transaction costs. This accessibility and cost-effectiveness make it easier and more efficient.3️⃣ Availability of options: Liquid markets offer a wide array of bonds for purchase or sale, empowering investors to diversify their portfolios and effectively manage risk.4️⃣ Market stability: Liquid markets have the capacity to absorb large buy or sell orders without causing drastic price changes. This provides a stable and secure environment to overall market stability.5️⃣ Better information flow: Liquid markets attract a multitude of transactions and participants, resulting in a robust flow of information. This wealth of information facilitates well-informed decision-making, enhances market transparency, and is crucial for making informed decisions.6️⃣ Increased investor confidence: Liquidity availability serves as an indicator of market health, fostering investor confidence and encouraging greater market participation.AtAddendum Financial Technologieswe promote liquidity in South Africa's corporate bond market by facilitating seamless trading through ourbond marketplatform, Marketplace.👉 www.addendum.co.za#Addendummarketplace #bondmarkets #tradingplatform

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The International Monetary Fund departmental paper, "Rise of Digital Money: Implications for Pacific Island Countries," delves into the fast-evolving landscape of #digitalmoney in a diverse region of extremes in size, remoteness and dispersion, highlighting its significant macroeconomic and financial consequences. It provides an overview of the development of #digital #money and #payment systems in Pacific Island Countries (PICs), assessing potential benefits and risks, with a focus on how they can harness digital technology to enhance #financialinclusion and payment efficiency while minimizing risks. To this end, the paper also examines the prerequisites for successfully adopting various forms of digital money and proposes a strategic framework for policy decisions. The paper underscores the potential of digital money in advancing public policy goals, like financial inclusion and improved #crossborder connectivity – given the specific characteristics of the region – while cautioning against the risks of rapid and inadequately regulated adoption. Accordingly, it advocates a gradual, well-informed approach, tailored to PICs' unique monetary and financial circ*mstances, including the presence of national currencies and the maturity of payment systems. Moreover, the paper suggests that a regional approach could help address capacity and scalability challenges in introducing new digital money forms and payment methods in PICs.

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Introducing Onboard: Revolutionizing access to global financial services in frontier markets, particularly Africa. In a region plagued by high intra-regional trade costs, Onboard, developed by Nestcoin, aims to break barriers.https://lnkd.in/gUxGpVWQ

Africa Financial Markets Index Launch 2023Now in its seventh year, the Absa Africa Financial Markets Index evaluates countries’ financial development based on measures of market accessibility, openness and transparency. The index is a key benchmark for investors to gauge African countries’ market infrastructure and is used by policy-makers to learn from developments across the continent.Produced by OMFIF and sponsored by Absa, this year’s report is expanding to almost 30 African countries with support from the United Nations Economic Commission for Africa. The index is based on quantitative data analysis and surveys of over 50 organisations – including central banks, stock exchanges and regulators.The 2023 report will delve deeper into themes such as financial product diversity, environmental, social and governance market frameworks, adopting digital technologies and strengthening legal frameworks. Continued progress on t…

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📢On September 21, 2023, Alina Aldambergen, Chairperson of KASE's Management Board, spoke at a session called "The Market Infrastructure Universe in 2023 – Part 2. Emerging Markets" during the annual meeting of the World Federation of Exchanges (WFE).🔸 A. Aldambergen spoke about the pace of development of Kazakhstan's economy and KASE, the achievements of the Exchange, challenges and prospects for further development for the next 5 years.🔸 In particular, the speaker noted the high dynamics of Kazakhstan's economic development, the level of development of the stock exchange infrastructure represented by the Exchange, the central depository and the newly established clearing organization. The speaker pointed out the strength of the Exchange as a universal exchange offering a wide range of investment instruments.🔸 One of the strengths of the Kazakh capital market is the developed base of domestic institutional investors represented by the pension fund, government funds, banks and insurance organizations, whose combined assets total about 100 billion US dollars (available for investment), the fast-growing number of retail investors, taking into account the increased material well-being of Kazakh citizens; the economy of Kazakhstan, which is classified as being in the "upper middle income" category in terms of GDP per capita.🔸 A challenge for the Exchange is the entry of private businesses into the equity and bond market due to the need to meet high requirements for corporate governance and information disclosure, as well as its attractiveness compared to bank lending.🔸 Other speakers representing Latinex and the Ghana Stock Exchange, noted the importance of a forward-thinking regulator in the rapidly changing environment, taking into account the competitiveness of domestic capital markets, the need to increase liquidity in the markets by attracting international investors and creating exchange links with liquidity pools.🔸 One of the acute issues was the prospects for the survival of small exchanges, the risks of takeover by larger exchanges and the prospects for creating unified regional exchanges to increase the attractiveness of domestic equity trading.

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