How to Trade
LATEST RATES
ESE All Share Index: 491.98      ESE Market Capitalisation (SZL): 6,904,364,785      Bank Rate: 7.50      Prime Rate: 11.00      Inflation: 4.10      USD/SZL: 18.10      GBP/SZL: 23.17      CAD/SZL: 13.27      EUR/SZL: 19.56      CHF/SZL: 20.13      JPN/SZL: 0.1123     
LATEST PRICES
FNBE: E14.83/share       GRYS: E3.40/share       INALA: E1.50/share       NED: E15.00/share       NPC: E1.50/share       RSC: E17.00/share       SBC: E8.90/share       SEL: E39.00/share       SWP: E8.00/share      
LATEST NEWS
AGM NOTICE: INALA CAPITAL LIMITED AGM NOTICE 2024     FINANCIAL RESULTS: ROYAL ESWATINI SUGAR CORPORATION LIMITED AFS 2024     FINANCIAL RESULTS: SWAPROP INTERIM FINANCIAL STATEMENTS IFS 2023     AGM NOTICE: SBC AGM NOTICE     FINANCIAL RESULTS: INALA CAPITAL LIMITED AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023     AGM NOTICE: NEDBANK ESWATINI LIMITED AGM NOTICE 2024     DIVIDEND NOTICE: ROYAL ESWATINI SUGAR CORPORATION DECLARATION OF FINAL DIVIDEND NUMBER 64     DIVIDEND NOTICE: NEDBANK DIVIDEND DECLARATION FOR THE YEAR ENDED 31 DECEMBER 2023     FINANCIAL RESULTS: NEDBANK AFS FOR THE YEAR ENDED 31 DECEMBER 2023     FINANCIAL RESULTS: SBC LIMITED ABRIDGED AFS FOR THE YEAR ENDED 31 DECEMBER 2023     FINANCIAL RESULTS: NKONYENI PRECAST LIMITED IFS AS OF 31 DECEMBER 2023     DIVIDEND NOTICE: DECLARED INTERIM DIVIDEND OF FIRST NATIONAL BANK OF ESWATINI LIMITED     FINANCIAL RESULTS: FIRST NATIONAL BANK of ESWATINI Abridged IFS 31 December 2023     AGM NOTICE: INALA CAPITAL LIMITED AGM NOTICE 2024     AGM NOTICE: GREYSTONE PARTNERS LIMITED AGM NOTICE 2024     FINANCIAL RESULTS: Greystone Partners Limited Reviewed Financial results for the year ended 30 June 2023     FINANCIAL RESULTS: Inala Capital Limited Reviewed financial results for the half year ended 30 June 2023     FINANCIAL RESULTS: SWAZI EMPOWERMENT LIMITED IFS 2023     CAUTIONARY ANNOUNCEMENT: GREYSTONE PARTNERS LIMITED FURTHER CAUTIONARY AND PROPOSED TRANSACTION ANNOUNCEMENT     CAUTIONARY ANNOUNCEMENT: INALA CAPITAL LIMITED FURTHER CAUTIONARY AND PROPOSED TRANSACTION ANNOUNCEMENT     FINANCIAL RESULTS: ROYAL ESWATINI SUGAR CORPORATION IFS 30.09.2023     DIVIDEND NOTICE: DECLARED DIVIDEND ANNOUNCEMENT FOR SBC LIMITED     CAUTIONARY ANNOUNCEMENT: INALA CAUTIONARY AND PROPOSED TRANSACTION ANNOUNCEMENT     CAUTIONARY ANNOUNCEMENT: GREYSTONE CAUTIONARY AND PROPOSED TRANSACTION ANNOUNCEMENT     FINANCIAL RESULTS: SWAPROP LIMTED AFS 30 JUNE 2023     AGM NOTICE: SBC LIMITED AGM NOTICE 2023     FINANCIAL RESULTS: INALA CAPITAL LIMITED AFS 2022     FINANCIAL RESULTS: INALA CAPITAL LIMITED AFS 2022     FINANCIAL RESULTS: GREYSTONE PARTNERS LIMITED AFS 2022     FINANCIAL RESULTS: NEDBANK ESWATINI LIMITED IFS 2023     DIVIDEND NOTICE: ROYAL ESWATINI SUGAR CORPORATION DECLARATION OF INTERIM DIVIDEND NUMBER 63     FINANCIAL RESULTS: SWAZI EMPOWERMENT LIMITED AFS 2023     AGM NOTICE: ROYAL ESWATINI SUGAR CORPORATION LIMITED AGM NOTICE 2023     DIVIDEND NOTICE: DECLARATION OF FINAL DIVIDEND NUMBER 62     FINANCIAL RESULTS: CONDENSED RESULTS FOR THE YEAR ENDED 31 MARCH 2023     DIVIDEND NOTICE: DECLARED DIVIDEND ANNOUNCEMENT OF SWAZI EMPOWERMENT LIMITED     DIVIDEND NOTICE: NEDBANK LIMITED FINAL DIVIDEND DECLARATION     AGM NOTICE: NEDBANK ESWATINI LIMITED AGM NOTICE 2023     DIVIDEND NOTICE: SWAPROP - DECLARED DISTRIBUTION ANNOUNCEMENT     FINANCIAL RESULTS: NEDBANK AFS FOR THE YEAR ENDED 31 DECEMBER 2022     FINANCIAL RESULTS: SBC LIMITED AFS FOR THE YEAR ENDED 31 DECEMBER 2022     FINANCIAL RESULTS: SWAPROP INTERIM FINANCIAL STATEMENTS AS OF 31ST DECEMBER 2022     FINANCIAL RESULTS: SWAZI EMPOWERMENT LIMITED IFS 2022     DIVIDEND NOTICE: DECLARED DIVIDEND ANNOUNCEMENT OF SWAZI EMPOWERMENT LIMITED     CAUTIONARY ANNOUNCEMENT: ROYAL ESWATINI SUGAR CORPORATION CAUTIONARY STATEMENT     DIVIDEND NOTICE: SBC LIMITED DIVIDEND DECLARATION     FINANCIAL RESULTS: ROYAL ESWATINI SUGAR CORPORATION IFS 30.09.2022     FINANCIAL RESULTS: INALA CAPITAL LIMITED IFS 2022     FINANCIAL RESULTS: GREYSTONE PARTNERS LIMITED IFS 2022     DIVIDEND NOTICE: GREYSTONE PARTNERS DIVIDEND DECLARATION     FINANCIAL RESULTS: NEDBANK ESWATINI LIMITED AFS 2021     FINANCIAL RESULTS: INALA CAPITAL LIMITED AFS 2021     FINANCIAL RESULTS: GREYSTONE PARTNERS LIMITED AFS 2021     PRESS RELEASE: INALA CAPITAL Q3 REPORT - 2022     PRESS RELEASE: SBC LIMITED Q3 REPORT - 2022     PRESS RELEASE: GREYSTONE Q3 - REPORT     FINANCIAL RESULTS: SWAPROP Results for the year ended 30 June 2022     CAUTIONARY ANNOUNCEMENT: SWPROP - CAUTIONARY October 2022     FINANCIAL RESULTS: NEDBANK INTERIM FINANCIAL STATEMENTS 2022     AGM NOTICE: SEL AGM NOTICE 2022     AGM NOTICE: INALA CAPITAL AGM NOTICE OCTOBER 2022     AGM NOTICE: GREYSTONE AGM NOTICE 2022     AGM NOTICE: SBC AGM NOTICE OCTOBER 2022     FINANCIAL RESULTS: SBC LIMITED AND SUBSIDIARIES GROUP RESULTS FOR THE SIX MONTHS PERIOD ENDED 30 JUNE 2022     DIVIDEND NOTICE: RES DECLARATION OF FIRST INTERIM DIVIDEND NUMBER 61     FINANCIAL RESULTS: SWAZI EMPOWERMENT LIMITED AFS 2022     CAUTIONARY ANNOUNCEMENT: SWPROP CONSIDERATION OF TWO POTENTIAL TRANSACTIONS MAY 2022     DIVIDEND NOTICE: NEDBANK DECLARATION OF FINAL DIVIDEND JUNE 2022     FINANCIAL RESULTS: THE ROYAL ESWATINI SUGAR CORPORATION LIMITED AND ITS SUBSIDIARIES CONDENSED RESULTS FOR THE YEAR ENDED 31 MARCH 2022    
Home     Trade     How to Trade

How to Trade

The Eswatini Stock Exchange offers retail and institutional investors easy access to investment in a safe and regulated environment, where securities can be traded with transparency. The ESE uses an Automated Trading System (ATS) which is an electronic platform for the purchase and sale of securities. The ATS has an order matching engine and replaces the manual trading of shares that we have all been used to in Eswatini over the past 30 years.

DEMATERIALISATION

Current holders of certified securities are expected to surrender their certificates to the transfer secretary for conversion into an electronic form (dematerialization) before they can sell their holdings on the automated platform. The transfer secretary will access the CSD system and perform the dematerialization function thereby enabling the holder to go and place their sell order with the stockbroker of their choosing. The brokers can assist their clients to dematerialise their certificates by collecting them and submitting the request to the transfer secretary.

Every investor and potential investor who wishes to trade securities listed on the Eswatini Stock Exchange must have a Securities Account and Cash Account. Investors cannot deal directly on the exchange. They invest through a stockbroker.

WHY THE ESE CHANGED TO ATS

  • Transparency in share dealings
  • Speed of execution
  • Convenience as it eliminates human interference.
  • Traders can do business from anywhere without having to attend “Call Over” sessions at the ESE offices.
  • Surveillance as it will allow the ESE and FSRA to monitor trading activities of stockbrokers for the benefit of the investing public.

A securities account is opened with the Central Securities Depository (CSD). To open a securities account on the CSD the investors must approach a stockbroker of their choice, who will provide them with the relevant applications forms.

The investor is expected to fill in the forms and provide the necessary Know Your Investor (KYI) documents. The Broker is expected to also set a Cash Account for the investor by way of selecting the clients’ bankers and stating the clients banking details. Once an account has been opened, the investor can proceed to place a buy or sell order with their stockbroker who will then enter the order on to the Automated Trading System.