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Are ZAR trades executed on the JSE? When are they executed? How long will it take to settle?

Yes, whole shares are executed on the JSE and will be purchased in your name and held in custody by First World Trader Nominees (Pty) Ltd on your behalf.


Settlement of whole shares is T +3 (see GLOSSARY for explanation)


Fractional share rights are entered into by means of a CFD transaction concluded between yourself and First World Trader (Pty) Ltd on a principal-to-principal basis.

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