Johannesburg Stock Exchange yen/rand currency futures contract trades for first time

Johannesburg Stock Exchange yen/rand currency futures contract trades for first time

The Johannesburg Stock Exchange’s Japanese Yen/Rand Currency Futures contract traded for the first time in January 2010. Since the JSE launched trade in Currency Derivatives in 2007 in response to market demand, the exchange has consistently increased the number of instruments. The contracts are cash settled in South African Rands.