GLOSSARY

STRATE

31 May 2016 By PDSNET

South Africa's central securities depository. The name "STRATE" is an abbreviation of "Share TRAnsactions Totally Electronic". All the trades done on the JSE are settled by STRATE - in other words, the seller is paid and the buyer receives his shares. STRATE also keeps a record of the issued shares of listed companies - the final share register. STRATE also handles transactions for the warrants market and the bond market. To learn more about STRATE go to: https://www.strate.co.za/about-us/#journey

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