The stock exchange will trade for two days with all revenue earned going to the Solidarity Fund
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Gugu Mfuphi talks to Dr Leila Fourie, J.S.E. Ceo, about The stock exchange will trade for two days with all revenue earned going to the Solidarity Fund, the trading days will be on Wednesday 15 and Thursday 16 April 2020. There will be a virtual market open with JSE CEO, Dr Leila Fourie and Ms Gloria Serobe on Wednesday, 15 April 2020, to signal the commencement of the Solidarity Trading Day. The Johannesburg Stock Exchange (JSE) is to donate fees derived across all asset classes traded on Wednesday 15 April and Thursday 16 April as part of a brand-new campaign #Trade4Solidarity to the Solidarity Fund.
The #Trade4Solidarity initiative encourages market participants to join the JSE by contributing a portion or percentage of their trading revenues to the fund. To mark the occasion, the chairperson of the Solidary Fund, Gloria Serobe and Leila Fourie will host the JSE’s first virtual market open as the market begins to #Trade4Solidarity on Wednesday 15 April. This will take place via a live video feed and be broadcast on all the JSE’s social media platforms on Twitter: @JSE_Group, LinkedIn: JSE and Facebook: The JSE Group.
President Cyril Ramaphosa announced the Solidarity Fund on 23 March 2020 to unite the nation in action against the COVID-19 crisis. The Fund is a rapid response vehicle designed to fund impactful initiatives that will augment the national health response contributions to national humanitarian efforts. The third focus area of the fund aims to mobilize South Africans to flatten the curve and manage the pandemic and its impacts on households and communities. Announcing the launch of #Trade4Solidarity campaign, JSE Group CEO Leila Fourie said the “JSE staff and executive team had felt that this was a very tangible way in which they could answer the president’s call to #PlayYourPart. How we respond to this pandemic has been our greatest Thuma Mina moment, not just for us, but for the country.”
The #Trade4Solidarity initiative encourages market participants to join the JSE by contributing a portion or percentage of their trading revenues to the fund. To mark the occasion, the chairperson of the Solidary Fund, Gloria Serobe and Leila Fourie will host the JSE’s first virtual market open as the market begins to #Trade4Solidarity on Wednesday 15 April. This will take place via a live video feed and be broadcast on all the JSE’s social media platforms on Twitter: @JSE_Group, LinkedIn: JSE and Facebook: The JSE Group.
President Cyril Ramaphosa announced the Solidarity Fund on 23 March 2020 to unite the nation in action against the COVID-19 crisis. The Fund is a rapid response vehicle designed to fund impactful initiatives that will augment the national health response contributions to national humanitarian efforts. The third focus area of the fund aims to mobilize South Africans to flatten the curve and manage the pandemic and its impacts on households and communities. Announcing the launch of #Trade4Solidarity campaign, JSE Group CEO Leila Fourie said the “JSE staff and executive team had felt that this was a very tangible way in which they could answer the president’s call to #PlayYourPart. How we respond to this pandemic has been our greatest Thuma Mina moment, not just for us, but for the country.”
