Last year saw fewer offerings and lower capital compared to 2022.
Despite market challenges, 2024 could see improved IPO prospects.
Global initial
public offering (IPO) volumes fell 8% in 2023, while proceeds declined 33%
compared to 2022, according to EY's Global IPO Trends 2023 report. A total of
1,298 IPOs raised $123.2 billion last year, compared to 1,415 offerings and
$184.3 billion in capital in 2022.
Finance
Magnates discussed
the condition of the IPO market in the USA, Europe, and other parts of the
world with George Chan, the Global IPO Leader at EY. Together, we sought
answers to what companies planning to debut on the stock market in 2024 should
do to achieve success.
Global IPO Activity Slows
in 2023 despite Select Pockets of Growth
The US and
Europe have experienced numerous rate hikes since 2022, leading to a decrease
in IPO volumes in these mature markets. However, as global inflation shows
signs of easing this year, there's an anticipation that interest rate
reductions might renew investor confidence. This could lead to more stable
returns on IPO investments, potentially increasing market activity.
George Chan, the Global IPO Leader at EY
“In 2023,
both the Americas and European markets grappled with stubborn inflation and
aggressive monetary tightening, which drowned listings appetite,” Chan
commented. “Geopolitical unrest and regional conflicts further compounded IPO
market sentiment, diminishing risk tolerance essential for buoyant IPO
environments.”
The wave of
significant IPOs that emerged in September 2023 demonstrated lackluster
performance after their launch. This reflected a persistent disparity in
valuation expectations between issuers and investors, causing some companies to
reconsider their public offering timelines.
Regional Perspective
The
Americas saw improved activity, with IPO volumes up 15% and proceeds more than
doubling from 2022. The US accounted for over 85% of the 153 deals that raised
$22.7 billion. Larger deals, including seven that topped $500 million, drove
the increase in proceeds.
“However,
when comparing with 5-year average levels, the US market is still 36% behind by
number and 66% by proceeds. The market has obviously seen some glimmers of
momentum surface this year, especially with the debut of high-profile
technology firms in late September,” added Chan.
Asia-Pacific
dealt with economic and geopolitical headwinds as volumes fell 18% and proceeds
44% versus 2022. Mainland China and Hong Kong IPO markets continued declining
amid slower economic growth.
“ASEAN saw
upticks in IPO volume, although proceeds are modest with activity highly
concentrated in Indonesia, Thailand and Malaysia. Japan IPOs gained momentum as
supportive policies and booming stocks offered ideal listing conditions,” Chan continued.
Europe,
Middle East, India and Africa (EMEIA) showed signs of recovery with a rise of 7% in deal volume, albeit proceeds dropped 39% with fewer large deals. The total
number of EMEIA IPOs was 413, raising $31.1 billion.
“Many parts
of EMEIA had better IPO returns, showing further signs of recovery. Many regional companies are ready to execute IPOs, while previously postponed
deals may also re-emerge,” EY’s Global IPO Leader explained.
IPO Perspectives for 2024
As monetary
policies potentially ease in 2024, IPO markets could attract more investors. However,
sustained global tensions may curb confidence. IPO-bound companies should focus
on strong fundamentals and reasonable pricing expectations to capitalize on any
openings, advises EY.
“Overall, the global IPO market could improve over this year’s levels on the back of moderate inflation and potential interest rate cuts while hoping for a faster recovery of the Chinese economy and a soft landing of the US economy. However, lingering geopolitical instability may undermine confidence,” Chan
added.
IPO
activity in Asia-Pacific is expected to increase in the 2nd half of 2024. Given an unpredictable market environment, the 1H 2024 outlook in EMEIA is optimistic but cautious.
“In various countries, governments and regulators are taking steps to stimulate capital markets, which is a tailwind to the IPO activity,” EY’s expert added.
IPO May Not Be Enough
Companies
aspiring to launch their initial public offerings in 2024 must be thoroughly
prepared, taking into account several crucial factors. These include the
current state and future trends of inflation and interest rates, the impact of
government policies and regulations, the pace and nature of economic recovery,
ongoing geopolitical tensions and conflicts, the significance of environmental,
social, and governance criteria, and the dynamics of the global supply chain.
Moreover, they should “prepare high-quality equity stories with strong working
capital management and a clear path to profitability to show confidence in
revenue growth and favorable post-listing prices,” explained Chan.
Additionally,
they should evaluate all available avenues, ranging from alternative IPO
methods such as direct listings or dual and secondary listings to other
financing strategies like private capital, debt financing, or trade sales.
“Consider a
dual- or multitrack approach, including IPO and other financing methods
(private capital, debt or trade sale),” the Global IPO Leader at EY concluded.
An IPO is still a good way for a company to raise capital, but the conditions we observed in 2021 may not repeat quickly. And, if you're wondering what an IPO looks like from a broker's perspective, check out our article "Why FX Brokers Do not Go Public."
Global initial
public offering (IPO) volumes fell 8% in 2023, while proceeds declined 33%
compared to 2022, according to EY's Global IPO Trends 2023 report. A total of
1,298 IPOs raised $123.2 billion last year, compared to 1,415 offerings and
$184.3 billion in capital in 2022.
Finance
Magnates discussed
the condition of the IPO market in the USA, Europe, and other parts of the
world with George Chan, the Global IPO Leader at EY. Together, we sought
answers to what companies planning to debut on the stock market in 2024 should
do to achieve success.
Global IPO Activity Slows
in 2023 despite Select Pockets of Growth
The US and
Europe have experienced numerous rate hikes since 2022, leading to a decrease
in IPO volumes in these mature markets. However, as global inflation shows
signs of easing this year, there's an anticipation that interest rate
reductions might renew investor confidence. This could lead to more stable
returns on IPO investments, potentially increasing market activity.
George Chan, the Global IPO Leader at EY
“In 2023,
both the Americas and European markets grappled with stubborn inflation and
aggressive monetary tightening, which drowned listings appetite,” Chan
commented. “Geopolitical unrest and regional conflicts further compounded IPO
market sentiment, diminishing risk tolerance essential for buoyant IPO
environments.”
The wave of
significant IPOs that emerged in September 2023 demonstrated lackluster
performance after their launch. This reflected a persistent disparity in
valuation expectations between issuers and investors, causing some companies to
reconsider their public offering timelines.
Regional Perspective
The
Americas saw improved activity, with IPO volumes up 15% and proceeds more than
doubling from 2022. The US accounted for over 85% of the 153 deals that raised
$22.7 billion. Larger deals, including seven that topped $500 million, drove
the increase in proceeds.
“However,
when comparing with 5-year average levels, the US market is still 36% behind by
number and 66% by proceeds. The market has obviously seen some glimmers of
momentum surface this year, especially with the debut of high-profile
technology firms in late September,” added Chan.
Asia-Pacific
dealt with economic and geopolitical headwinds as volumes fell 18% and proceeds
44% versus 2022. Mainland China and Hong Kong IPO markets continued declining
amid slower economic growth.
“ASEAN saw
upticks in IPO volume, although proceeds are modest with activity highly
concentrated in Indonesia, Thailand and Malaysia. Japan IPOs gained momentum as
supportive policies and booming stocks offered ideal listing conditions,” Chan continued.
Europe,
Middle East, India and Africa (EMEIA) showed signs of recovery with a rise of 7% in deal volume, albeit proceeds dropped 39% with fewer large deals. The total
number of EMEIA IPOs was 413, raising $31.1 billion.
“Many parts
of EMEIA had better IPO returns, showing further signs of recovery. Many regional companies are ready to execute IPOs, while previously postponed
deals may also re-emerge,” EY’s Global IPO Leader explained.
IPO Perspectives for 2024
As monetary
policies potentially ease in 2024, IPO markets could attract more investors. However,
sustained global tensions may curb confidence. IPO-bound companies should focus
on strong fundamentals and reasonable pricing expectations to capitalize on any
openings, advises EY.
“Overall, the global IPO market could improve over this year’s levels on the back of moderate inflation and potential interest rate cuts while hoping for a faster recovery of the Chinese economy and a soft landing of the US economy. However, lingering geopolitical instability may undermine confidence,” Chan
added.
IPO
activity in Asia-Pacific is expected to increase in the 2nd half of 2024. Given an unpredictable market environment, the 1H 2024 outlook in EMEIA is optimistic but cautious.
“In various countries, governments and regulators are taking steps to stimulate capital markets, which is a tailwind to the IPO activity,” EY’s expert added.
IPO May Not Be Enough
Companies
aspiring to launch their initial public offerings in 2024 must be thoroughly
prepared, taking into account several crucial factors. These include the
current state and future trends of inflation and interest rates, the impact of
government policies and regulations, the pace and nature of economic recovery,
ongoing geopolitical tensions and conflicts, the significance of environmental,
social, and governance criteria, and the dynamics of the global supply chain.
Moreover, they should “prepare high-quality equity stories with strong working
capital management and a clear path to profitability to show confidence in
revenue growth and favorable post-listing prices,” explained Chan.
Additionally,
they should evaluate all available avenues, ranging from alternative IPO
methods such as direct listings or dual and secondary listings to other
financing strategies like private capital, debt financing, or trade sales.
“Consider a
dual- or multitrack approach, including IPO and other financing methods
(private capital, debt or trade sale),” the Global IPO Leader at EY concluded.
An IPO is still a good way for a company to raise capital, but the conditions we observed in 2021 may not repeat quickly. And, if you're wondering what an IPO looks like from a broker's perspective, check out our article "Why FX Brokers Do not Go Public."
Damian Chmiel is a Senior Analyst & Editor at Finance Magnates with more than 15 years of experience in the CFD and online trading industry. Active as both a trader and journalist since 2010, he focuses on broker coverage, fintech innovation, and regulatory developments across Europe, the Middle East, and Asia.
His work includes interviews with C-level leaders at major brokerages and fintech platforms, as well as co-authoring Finance Magnates’ quarterly industry benchmarking reports. Damian’s reporting is data-driven, market-aware, and grounded in direct industry engagement. His analysis and commentary have also been cited by external media outlets, including Investing.com, Binance, The Asset, Stockhead, and Dispatch.
Education:
MA in Finance and Accounting, Cracow University of Economics
Weekly Summary: Can AI Challenge Bloomberg Terminal?; China Cuts Off Offshore Brokers
Featured Videos
The Engine and the Fuel: How AI & Data Drives African Future
The Engine and the Fuel: How AI & Data Drives African Future
The Engine and the Fuel: How AI & Data Drives African Future
The Engine and the Fuel: How AI & Data Drives African Future
If AI is the engine, data is the fuel. Without quality, accessible data, AI cannot work well; and without the right mindset, data remains just numbers instead of insight. In this session, leading experts will explore how AI and data are democratizing opportunities for businesses and personal growth. Discover practical ways to make AI accessible today, anticipate its transformative impact on African markets, and learn actionable steps to prepare for what's next. Let's talk about:
-How AI and data drive business efficiency and innovation in trading and fintech
-AI tools to elevate trading or business strategies
-How to access and maximise the power of data and AI
-Emerging AI and data trends in Africa and their economic ripple effects
If AI is the engine, data is the fuel. Without quality, accessible data, AI cannot work well; and without the right mindset, data remains just numbers instead of insight. In this session, leading experts will explore how AI and data are democratizing opportunities for businesses and personal growth. Discover practical ways to make AI accessible today, anticipate its transformative impact on African markets, and learn actionable steps to prepare for what's next. Let's talk about:
-How AI and data drive business efficiency and innovation in trading and fintech
-AI tools to elevate trading or business strategies
-How to access and maximise the power of data and AI
-Emerging AI and data trends in Africa and their economic ripple effects
If AI is the engine, data is the fuel. Without quality, accessible data, AI cannot work well; and without the right mindset, data remains just numbers instead of insight. In this session, leading experts will explore how AI and data are democratizing opportunities for businesses and personal growth. Discover practical ways to make AI accessible today, anticipate its transformative impact on African markets, and learn actionable steps to prepare for what's next. Let's talk about:
-How AI and data drive business efficiency and innovation in trading and fintech
-AI tools to elevate trading or business strategies
-How to access and maximise the power of data and AI
-Emerging AI and data trends in Africa and their economic ripple effects
If AI is the engine, data is the fuel. Without quality, accessible data, AI cannot work well; and without the right mindset, data remains just numbers instead of insight. In this session, leading experts will explore how AI and data are democratizing opportunities for businesses and personal growth. Discover practical ways to make AI accessible today, anticipate its transformative impact on African markets, and learn actionable steps to prepare for what's next. Let's talk about:
-How AI and data drive business efficiency and innovation in trading and fintech
-AI tools to elevate trading or business strategies
-How to access and maximise the power of data and AI
-Emerging AI and data trends in Africa and their economic ripple effects
Most market post-mortems describe what happened to prices. Few describe what happened in the trading room while the position was open: the entry conviction, the moments that tested it, and the exit decision that closed the book.
This session brings one seasoned trader to the stage for an unfiltered account of the position that still defines how they think about markets.
Attendees will walk away with:
-A first-hand account of how a conviction trade is built, from thesis and entry through position management and exit
-Understanding of what turns a market observation into a live position, and what holds it when conditions shift
-Insight into how timing, execution quality, and market structure shaped the final result
-Perspective on what the trade revealed about edge, risk tolerance, and when to hold through a position moving against you
-Clarity on what separates a well-built trade from a well-timed one
Most market post-mortems describe what happened to prices. Few describe what happened in the trading room while the position was open: the entry conviction, the moments that tested it, and the exit decision that closed the book.
This session brings one seasoned trader to the stage for an unfiltered account of the position that still defines how they think about markets.
Attendees will walk away with:
-A first-hand account of how a conviction trade is built, from thesis and entry through position management and exit
-Understanding of what turns a market observation into a live position, and what holds it when conditions shift
-Insight into how timing, execution quality, and market structure shaped the final result
-Perspective on what the trade revealed about edge, risk tolerance, and when to hold through a position moving against you
-Clarity on what separates a well-built trade from a well-timed one
Most market post-mortems describe what happened to prices. Few describe what happened in the trading room while the position was open: the entry conviction, the moments that tested it, and the exit decision that closed the book.
This session brings one seasoned trader to the stage for an unfiltered account of the position that still defines how they think about markets.
Attendees will walk away with:
-A first-hand account of how a conviction trade is built, from thesis and entry through position management and exit
-Understanding of what turns a market observation into a live position, and what holds it when conditions shift
-Insight into how timing, execution quality, and market structure shaped the final result
-Perspective on what the trade revealed about edge, risk tolerance, and when to hold through a position moving against you
-Clarity on what separates a well-built trade from a well-timed one
Most market post-mortems describe what happened to prices. Few describe what happened in the trading room while the position was open: the entry conviction, the moments that tested it, and the exit decision that closed the book.
This session brings one seasoned trader to the stage for an unfiltered account of the position that still defines how they think about markets.
Attendees will walk away with:
-A first-hand account of how a conviction trade is built, from thesis and entry through position management and exit
-Understanding of what turns a market observation into a live position, and what holds it when conditions shift
-Insight into how timing, execution quality, and market structure shaped the final result
-Perspective on what the trade revealed about edge, risk tolerance, and when to hold through a position moving against you
-Clarity on what separates a well-built trade from a well-timed one
Most market post-mortems describe what happened to prices. Few describe what happened in the trading room while the position was open: the entry conviction, the moments that tested it, and the exit decision that closed the book.
This session brings one seasoned trader to the stage for an unfiltered account of the position that still defines how they think about markets.
Attendees will walk away with:
-A first-hand account of how a conviction trade is built, from thesis and entry through position management and exit
-Understanding of what turns a market observation into a live position, and what holds it when conditions shift
-Insight into how timing, execution quality, and market structure shaped the final result
-Perspective on what the trade revealed about edge, risk tolerance, and when to hold through a position moving against you
-Clarity on what separates a well-built trade from a well-timed one
Most market post-mortems describe what happened to prices. Few describe what happened in the trading room while the position was open: the entry conviction, the moments that tested it, and the exit decision that closed the book.
This session brings one seasoned trader to the stage for an unfiltered account of the position that still defines how they think about markets.
Attendees will walk away with:
-A first-hand account of how a conviction trade is built, from thesis and entry through position management and exit
-Understanding of what turns a market observation into a live position, and what holds it when conditions shift
-Insight into how timing, execution quality, and market structure shaped the final result
-Perspective on what the trade revealed about edge, risk tolerance, and when to hold through a position moving against you
-Clarity on what separates a well-built trade from a well-timed one
Agentic Inequality: Democratizing Financial Access Through AI & Blockchain
Agentic Inequality: Democratizing Financial Access Through AI & Blockchain
Agentic Inequality: Democratizing Financial Access Through AI & Blockchain
Agentic Inequality: Democratizing Financial Access Through AI & Blockchain
Agentic Inequality: Democratizing Financial Access Through AI & Blockchain
Agentic Inequality: Democratizing Financial Access Through AI & Blockchain
As crypto and CFD trading continue to expand across Africa, access to advanced tools and market insights remains uneven. This session explores how AI and blockchain can bridge that gap by empowering informal traders and underserved communities to participate more effectively in digital financial markets. The discussion will focus on practical applications of technology to improve accessibility, education, and investment outcomes in both formal and informal sectors.
In this discussion, we will explore:
-The role of AI in democratizing access to trading tools, insights, and strategy development
-How crypto and blockchain can enable broader participation beyond traditional financial systems
-Addressing access barriers: infrastructure, education, and affordability in underserved communities
-Opportunities for brokers and platforms to tap into the informal trading economy
As crypto and CFD trading continue to expand across Africa, access to advanced tools and market insights remains uneven. This session explores how AI and blockchain can bridge that gap by empowering informal traders and underserved communities to participate more effectively in digital financial markets. The discussion will focus on practical applications of technology to improve accessibility, education, and investment outcomes in both formal and informal sectors.
In this discussion, we will explore:
-The role of AI in democratizing access to trading tools, insights, and strategy development
-How crypto and blockchain can enable broader participation beyond traditional financial systems
-Addressing access barriers: infrastructure, education, and affordability in underserved communities
-Opportunities for brokers and platforms to tap into the informal trading economy
As crypto and CFD trading continue to expand across Africa, access to advanced tools and market insights remains uneven. This session explores how AI and blockchain can bridge that gap by empowering informal traders and underserved communities to participate more effectively in digital financial markets. The discussion will focus on practical applications of technology to improve accessibility, education, and investment outcomes in both formal and informal sectors.
In this discussion, we will explore:
-The role of AI in democratizing access to trading tools, insights, and strategy development
-How crypto and blockchain can enable broader participation beyond traditional financial systems
-Addressing access barriers: infrastructure, education, and affordability in underserved communities
-Opportunities for brokers and platforms to tap into the informal trading economy
As crypto and CFD trading continue to expand across Africa, access to advanced tools and market insights remains uneven. This session explores how AI and blockchain can bridge that gap by empowering informal traders and underserved communities to participate more effectively in digital financial markets. The discussion will focus on practical applications of technology to improve accessibility, education, and investment outcomes in both formal and informal sectors.
In this discussion, we will explore:
-The role of AI in democratizing access to trading tools, insights, and strategy development
-How crypto and blockchain can enable broader participation beyond traditional financial systems
-Addressing access barriers: infrastructure, education, and affordability in underserved communities
-Opportunities for brokers and platforms to tap into the informal trading economy
As crypto and CFD trading continue to expand across Africa, access to advanced tools and market insights remains uneven. This session explores how AI and blockchain can bridge that gap by empowering informal traders and underserved communities to participate more effectively in digital financial markets. The discussion will focus on practical applications of technology to improve accessibility, education, and investment outcomes in both formal and informal sectors.
In this discussion, we will explore:
-The role of AI in democratizing access to trading tools, insights, and strategy development
-How crypto and blockchain can enable broader participation beyond traditional financial systems
-Addressing access barriers: infrastructure, education, and affordability in underserved communities
-Opportunities for brokers and platforms to tap into the informal trading economy
As crypto and CFD trading continue to expand across Africa, access to advanced tools and market insights remains uneven. This session explores how AI and blockchain can bridge that gap by empowering informal traders and underserved communities to participate more effectively in digital financial markets. The discussion will focus on practical applications of technology to improve accessibility, education, and investment outcomes in both formal and informal sectors.
In this discussion, we will explore:
-The role of AI in democratizing access to trading tools, insights, and strategy development
-How crypto and blockchain can enable broader participation beyond traditional financial systems
-Addressing access barriers: infrastructure, education, and affordability in underserved communities
-Opportunities for brokers and platforms to tap into the informal trading economy
Track Record? IBs & Brokers Between Automation and Trust
Track Record? IBs & Brokers Between Automation and Trust
Track Record? IBs & Brokers Between Automation and Trust
Track Record? IBs & Brokers Between Automation and Trust
Track Record? IBs & Brokers Between Automation and Trust
Track Record? IBs & Brokers Between Automation and Trust
A WhatsApp group, a YouTube channel, a referral link: Most retail traders in Africa found their broker through an IB, and the relationship with brokers can become complex. This session pulls back the curtain on how IBs are tracked, paid, and incentivised, and what that means for the trader on the other side of the referral link.
You will learn:
-How IB compensation works (CPA vs. revenue share) and why it shapes the advice they give
-What brokers actually track: cookies, partner tags, MT4 manager accounts, and sub-IB networks
-Which platform perks are genuine trader value and which are IB marketing dressed up as benefits
-How to evaluate an IB before you deposit and what questions to ask when something feels off
A WhatsApp group, a YouTube channel, a referral link: Most retail traders in Africa found their broker through an IB, and the relationship with brokers can become complex. This session pulls back the curtain on how IBs are tracked, paid, and incentivised, and what that means for the trader on the other side of the referral link.
You will learn:
-How IB compensation works (CPA vs. revenue share) and why it shapes the advice they give
-What brokers actually track: cookies, partner tags, MT4 manager accounts, and sub-IB networks
-Which platform perks are genuine trader value and which are IB marketing dressed up as benefits
-How to evaluate an IB before you deposit and what questions to ask when something feels off
A WhatsApp group, a YouTube channel, a referral link: Most retail traders in Africa found their broker through an IB, and the relationship with brokers can become complex. This session pulls back the curtain on how IBs are tracked, paid, and incentivised, and what that means for the trader on the other side of the referral link.
You will learn:
-How IB compensation works (CPA vs. revenue share) and why it shapes the advice they give
-What brokers actually track: cookies, partner tags, MT4 manager accounts, and sub-IB networks
-Which platform perks are genuine trader value and which are IB marketing dressed up as benefits
-How to evaluate an IB before you deposit and what questions to ask when something feels off
A WhatsApp group, a YouTube channel, a referral link: Most retail traders in Africa found their broker through an IB, and the relationship with brokers can become complex. This session pulls back the curtain on how IBs are tracked, paid, and incentivised, and what that means for the trader on the other side of the referral link.
You will learn:
-How IB compensation works (CPA vs. revenue share) and why it shapes the advice they give
-What brokers actually track: cookies, partner tags, MT4 manager accounts, and sub-IB networks
-Which platform perks are genuine trader value and which are IB marketing dressed up as benefits
-How to evaluate an IB before you deposit and what questions to ask when something feels off
A WhatsApp group, a YouTube channel, a referral link: Most retail traders in Africa found their broker through an IB, and the relationship with brokers can become complex. This session pulls back the curtain on how IBs are tracked, paid, and incentivised, and what that means for the trader on the other side of the referral link.
You will learn:
-How IB compensation works (CPA vs. revenue share) and why it shapes the advice they give
-What brokers actually track: cookies, partner tags, MT4 manager accounts, and sub-IB networks
-Which platform perks are genuine trader value and which are IB marketing dressed up as benefits
-How to evaluate an IB before you deposit and what questions to ask when something feels off
A WhatsApp group, a YouTube channel, a referral link: Most retail traders in Africa found their broker through an IB, and the relationship with brokers can become complex. This session pulls back the curtain on how IBs are tracked, paid, and incentivised, and what that means for the trader on the other side of the referral link.
You will learn:
-How IB compensation works (CPA vs. revenue share) and why it shapes the advice they give
-What brokers actually track: cookies, partner tags, MT4 manager accounts, and sub-IB networks
-Which platform perks are genuine trader value and which are IB marketing dressed up as benefits
-How to evaluate an IB before you deposit and what questions to ask when something feels off
gRAND Plans: Trading South Africa's Most Volatile Asset
gRAND Plans: Trading South Africa's Most Volatile Asset
gRAND Plans: Trading South Africa's Most Volatile Asset
gRAND Plans: Trading South Africa's Most Volatile Asset
gRAND Plans: Trading South Africa's Most Volatile Asset
gRAND Plans: Trading South Africa's Most Volatile Asset
The Rand is one of the world's most politically sensitive currencies. Budget speeches, credit rating reviews, MPC decisions, election results — each one moves it. For South African traders, the ZAR is home ground; it is not safe ground. This panel asks the practical question: how do you trade a currency you live in?
Attendees will walk away with:
-A clear view of which domestic events have the most consistent impact on ZAR across recent cycles
-Understanding of how global risk appetite and dollar strength amplify or dampen local triggers
-Insight into how institutional positioning around SA credit events differs from retail assumptions
-Perspective on the risk management challenge of trading your own currency with leverage
The Rand is one of the world's most politically sensitive currencies. Budget speeches, credit rating reviews, MPC decisions, election results — each one moves it. For South African traders, the ZAR is home ground; it is not safe ground. This panel asks the practical question: how do you trade a currency you live in?
Attendees will walk away with:
-A clear view of which domestic events have the most consistent impact on ZAR across recent cycles
-Understanding of how global risk appetite and dollar strength amplify or dampen local triggers
-Insight into how institutional positioning around SA credit events differs from retail assumptions
-Perspective on the risk management challenge of trading your own currency with leverage
The Rand is one of the world's most politically sensitive currencies. Budget speeches, credit rating reviews, MPC decisions, election results — each one moves it. For South African traders, the ZAR is home ground; it is not safe ground. This panel asks the practical question: how do you trade a currency you live in?
Attendees will walk away with:
-A clear view of which domestic events have the most consistent impact on ZAR across recent cycles
-Understanding of how global risk appetite and dollar strength amplify or dampen local triggers
-Insight into how institutional positioning around SA credit events differs from retail assumptions
-Perspective on the risk management challenge of trading your own currency with leverage
The Rand is one of the world's most politically sensitive currencies. Budget speeches, credit rating reviews, MPC decisions, election results — each one moves it. For South African traders, the ZAR is home ground; it is not safe ground. This panel asks the practical question: how do you trade a currency you live in?
Attendees will walk away with:
-A clear view of which domestic events have the most consistent impact on ZAR across recent cycles
-Understanding of how global risk appetite and dollar strength amplify or dampen local triggers
-Insight into how institutional positioning around SA credit events differs from retail assumptions
-Perspective on the risk management challenge of trading your own currency with leverage
The Rand is one of the world's most politically sensitive currencies. Budget speeches, credit rating reviews, MPC decisions, election results — each one moves it. For South African traders, the ZAR is home ground; it is not safe ground. This panel asks the practical question: how do you trade a currency you live in?
Attendees will walk away with:
-A clear view of which domestic events have the most consistent impact on ZAR across recent cycles
-Understanding of how global risk appetite and dollar strength amplify or dampen local triggers
-Insight into how institutional positioning around SA credit events differs from retail assumptions
-Perspective on the risk management challenge of trading your own currency with leverage
The Rand is one of the world's most politically sensitive currencies. Budget speeches, credit rating reviews, MPC decisions, election results — each one moves it. For South African traders, the ZAR is home ground; it is not safe ground. This panel asks the practical question: how do you trade a currency you live in?
Attendees will walk away with:
-A clear view of which domestic events have the most consistent impact on ZAR across recent cycles
-Understanding of how global risk appetite and dollar strength amplify or dampen local triggers
-Insight into how institutional positioning around SA credit events differs from retail assumptions
-Perspective on the risk management challenge of trading your own currency with leverage
