Would you like to use this article in your publication or on your website? See: Using SAinfo material “A world-class exchange must constantly review its technology,” said Gravelet-Blondin. Also designed by STT, the new system was specifically designed for the South African equity derivatives market which, in a number of instances, is a world leader as far as these markets are concerned. SAinfo reporter Technology upgrades As with the equity derivatives trading system, local company STT were the systems developers. 20 October 2008 Local systems developers “We have taken all the necessary testing steps to ensure the system runs smoothly from day one – both internally and with members and clients,” Gravelet-Blondin said. In August this year, the JSE unveiled a new equity derivatives trading system that brought with it new functionality and greater flexibility for local brokers, fund managers, market makers and other institutional investors. “We are very pleased with the new platform and the possibilities for new product development that it brings,” JSE Agricultural Products senior GM Rod Gravelet-Blondin said in a statement this week. According to the JSE, the technological development was in line with a total technology review at the exchange. “The automated physical delivery process facilitated by the new system allows for brokers to enter the deliveries on the front end that will increase efficiency in the delivery process for both the exchange and the market participants.” The JSE’s Agricultural Products Market has introduced a new derivatives trading platform that makes use of new technologies to allow for greater functionality and increased automation, especially in the completion of futures contracts.