South African Futures Exchange

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South African Futures Exchange (SAFEX)

Electronic futures and options exchange based in South Africa.

South African Futures Exchange

A branch of the Johannesburg Stock Exchange specializing in derivatives. Originally established in 1988 and owned by the JSE since 2001, the South African Futures Exchange consists of two main subdivisions, one for equity derivatives and one for agricultural derivatives. Both subdivisions offer a variety of investment vehicles, but the latter is well known for its futures contracts based on maize.
References in periodicals archive ?
We are very pleased to have 28E Capital on board as the first South African broker to use the dedicated MetaTrader 5 Gateway we developed for SAFEX," says Andre van der Walt, the CEO of Derivatives System Technologies.
The stabilization of the number of participating countries in the Fair over the few last years reflects the interest showed by the international business community in Algeria," Mouloud Slimani, Director of Promotion and Cooperation at SAFEX, told a press conference Tuesday.
The annual international economic event is to be held under the theme "Together for competitive and successful economy," SAFEX said on its website.