Stock markets might serve as a central clearinghouse for a wide range of financial transactions, including the issuance and redemption of securities, the payment of dividends and other forms of capital, and the settlement of taxation on capital gains.
It is only possible to buy and sell stocks through brokers who are members of the stock market on which they are listed. Here, we take a closer look at the 3 biggest stock exchanges in South Africa, on which stock traders can invest in a wide variety of promising stocks and other financial instruments.