Cross-Listing

Cross-listing can be defined as the listing of stocks of stock exchanges across the border of the company. It is also called a secondary list of companies already listed in your country. In many cases, as the scale of the company grows and the business diversifies, we choose a cross list to procure funds from a larger and more liquid foreign market. In 2009, nearly 3,100 companies were listed on major overseas securities exchanges around the world (World Exchange of Federation, 2010 as described in the Appendix).

Satyam made his debut in the Indian market in 1991 and then on New York in 2001. In 2008, NYSE Euronext's NYSE Euronext cross-listing in New York and Europe began secondary listing of Euronext Amsterdam in a new "fast track" process. Satyam headquartered in Hyderabad, a city in southern India, currently has 52,865 employees. Satyam Computers is the world's leading business and information technology services company that provides clients with a wide range of industry consulting, system integration and outsourcing solutions around the world. Satyam leverages advanced functional expertise in the industry, state-of-the-art technology practices, and sophisticated global delivery models to help customers transform their highest value business processes and improve performance

Over the years, the International Securities Regulatory Commission has adopted accounting standards, cross-border products and 203 core standards for promoting listing, 204 global investment performance standards, 205 auditing standards, 206 key criteria and vests We have developed practices. To commercialize cross-border products and cross-border issuers, 207 and international standards for central counterparty clearing organizations 208 These standards and best practices are widely adopted by major financial regulators, followed by multinational corporations Is adopted.

The cross list of JSE and the London Stock Exchange (DATE) means that regulations and standards are shared. As the UK and South African accounting standards are very similar, the investment analysis between UK and South African companies is equivalent. Therefore, the issue of this JSE may only relate to future alliances. If globalization between JSE and other international exchanges takes place within the scope of the London Stock Exchange, these major challenges need to be systematically addressed.