This blog was co-authored by Shawn Barnett, Director and Hishaam Khan, Candidate Attorney

On 20 October 2021 the Supreme Court of Appeal upheld the appeal of JP Markets (Pty) Limited against an order of the High Court which placed it in liquidation.  The SCA found that it was not just and equitable to place JP

What is a derivative?

Although ‘derivative’ is a commonly used term, there is often confusion over what a derivative actually is. A derivative is a type of financial instrument whose price is determined by reference to one or more underlying assets, such as shares, currencies or interest rates. Derivatives may either be traded on an