Cape Town Stock Exchange
 | |
| Type | Stock exchange |
|---|---|
| Currency | Rand |
| Website | ctexchange |
The Cape Town Stock Exchange (CTSE) is a stock exchange based in Cape Town, South Africa.[1] It is the second largest stock exchange in South Africa, after the Johannesburg Stock Exchange (JSE), and the only one other than the JSE that is authorized to trade in both equity and debt.[2]
Background
[edit]The CTSE was launched in 2016, with operations beginning in 2017. It was formed from a rebranding of the 4 Africa Exchange (4AX) in response to the high costs and extensive requirements of listing a company on the Johannesburg Stock Exchange.[3][2]
The exchange is geared toward small and medium-sized companies with a market capitalization between 25 million and 2 billion rand.[4]
See also
[edit]References
[edit]- ^ "Cape Town Stock Exchange (CTSE)". Sustainable Stock Exchanges Initiative. Retrieved 11 August 2023.
- ^ a b "New Cape Town stock exchange opens for trading". BusinessTech. Retrieved 11 August 2023.
- ^ Mwareya, Ray; Bhobo, Nyasha (16 September 2021). "South Africa: New Cape Town Stock Exchange to target the small caps JSE leaves behind". The Africa Report. Retrieved 11 August 2023.
- ^ "Cape Town Stock Exchange off to a slow start". Daily Investor. Retrieved 11 August 2023.
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