BSE eyes automated trading of bonds
Friday, August 07, 2015
It is understood that the issue has become a key priority at the local bourse, considering that worldwide bond markets are being automated.
BSE’s deputy Chief Executive Officer, Thapelo Tsheole told journalists at a business seminar yesterday that although the exchange introduced the automated trading system (ATS) in 2012, no bonds have been traded through this system since then.
Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...