Cape Town Stock Exchange Explained

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.

Background

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.^{[2] [3]}

The exchange is geared toward small and medium-sized companies with a market capitalization between 25 million and 2 billion rand.^[4]

See also

• A2X Markets

Notes and References

1. Web site: Cape Town Stock Exchange (CTSE) . 2023-08-11 . . en-US.
2. Web site: Mwareya . Ray . Bhobo . Nyasha . 2021-09-16 . South Africa: New Cape Town Stock Exchange to target the small caps JSE leaves behind . 2023-08-11 . . en.
3. Web site: New Cape Town stock exchange opens for trading . 11 August 2023 . BusinessTech.
4. Web site: Cape Town Stock Exchange off to a slow start . 11 August 2023 . Daily Investor.