Tag: market manipulation

In a landmark moment for South Africa’s financial services sector, Investec and other SA stakeholders officially launched and handed over the new Market Surveillance Code of Conduct to the South African Institute of Stockbrokers (SAIS).

It was the late noughties that saw the most prominent emergence of digital tools, which in turn paved the way for a whole new generation of investment companies in the form of online trading platforms. Since then, spurred on by rapid innovation, emerging inventions like cryptocurrency and the speed of its mainstream adoption have put online trading into overdrive.

In a first for the local financial services sector, a diverse collaborative industry work group established following the inaugural SA Market Surveillance Conference held last year, has developed a draft industry code of conduct to guide financial institutions and align with international standards to bolster market surveillance in the country.