People look at stock index figures at the Johannesburg Stock Exchange. The stockmarket is among bourses participating in the pilot Africa cross-border trading. PHOTO | FILE
Managers of African stock exchanges have selected 30 brokerage firms for cross-border trading, part of an ambitious project to integrate seven bourses with a combined market capitalisation of $1.25 trillion.
The latest move comes after the African Securities Exchanges Association (ASEA) signed a contract with United Arab Emirates software firm DirectFN for the design and implementation of the software linking trading systems in the seven markets.
