DEALS Local expertise with global reach Absa | Corporate and Investment Banking > Insights and Events > Local expertise with global reach SHARE We are proud to have executed the first-ever ZARUSD Option on the Chicago Mercantile Exchange Absa, in conjunction with Tradition Government Bond & Derivative Brokers, has successfully executed the first-ever ZARUSD Option on the CME, demonstrating our ability to provide world-class, innovative solutions for clients. Delivering liquidity into the CME provides a springboard for local and international clients to trade ZARUSD options on the world’s leading derivatives exchange. CME Group Inc. is the world's largest financial derivatives exchange and offers products in asset classes that include agricultural products, currencies, energy, interest rates, metals, stock indexes, and cryptocurrencies futures & options. They enable clients to trade futures, options, cash, and OTC markets optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. Contact us https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles DEALS Powering progress for a cleaner energy future We are proud to partner with Mulilo and Air Products South Africa on a transformative 75MWAC solar PV power plant in the Northern Cape. The Ukuqala Project marks a significant step in advancing South Africa’s renewable energy transition and securing a low-carbon future. Read more DEALS Driving purposeful partnerships to advance retail growth in Africa At Absa CIB, we’re committed to building partnerships that create lasting value for both businesses and communities. Our collaboration with Garden City Mall in Nairobi, Kenya, highlights this commitment as we help drive sustainable growth and economic opportunity in one of East Africa’s largest retail developments through a USD 37,3 million commercial property financing transaction. Read more DEALS Driving a greener energy value chain We are pleased to share that Absa has successfully acted as Co-Mandated Lead Arranger, Facility Agent and Hedge Provider alongside Nedbank for Pele Green Energy’s Sonvanger 100MW solar PV power project. This R2.2 billion project is a landmark transaction for Pele Green Energy, positioning them as a leading developer in South Africa’s renewable energy sector. Read more
