ATS (see SETS). In 1996 the open outcry trading floor was closed on 7 June and replaced by an order driven, centralised, automated trading system known as the Johannesburg Equities Trading (JET) system. In 2002, the JET system is replaced by the London Stock Exchange’s SETS system, hosted by the LSE in London. The system, operated from London by the LSE, is called “JSE SETS”. The JSE also introduces the LSE’s LMIL system, known in South Africa as InfoWiz to provide a world-class information dissemination system and substantially improve the distribution of real-time equities market information. More than just a change in technology platforms, the introduction of JSE SETS also represented the forging of a strategic alliance with the LSE and improved the international visibility of the JSE.

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