Thursday, June 14, 2007

S.Africa to launch currency futures market

(Reuters) - South Africa is to launch currency futures trading on Monday, allowing investors to trade rand futures in a regulated exchange for the first time, exchange operator JSE Ltd said on Thursday.

The currency futures will be traded on the JSE's interest rate exchange, YieldX, which was aimed at giving retail investors access to offshore forex markets.


Read more at Reuters Africa

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