The JSE_Group and NYSE signed a memorandum of understanding to collaborate on the dual listing of companies on both exchanges. The collaboration is expected to increase opportunities for investors and issuers on both continents. Moneyweb NDL_ndumeey
The Johannesburg Stock Exchange and New York Stock Exchange have signed a memorandum of understanding to collaborate on the dual listing of companies on both exchanges. The collaboration is expected to increase opportunities for investors and issuers on both continents. According to a statement issued on Tuesday , the entities also agreed to jointly explore the development of new products and share knowledge around ESG , ETFs and digital assets.
“The New York Stock Exchange is pleased to sign this collaboration agreement with the Johannesburg Stock Exchange in support of the important economic and trade relationship between our two markets,” notes Lynn Martin, NYSE’s president. Added to increased investor opportunities, Martin says exploring the dual listings on the two exchanges further underscores the value that public companies and capital markets generate in the global economy.
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