QUESTIO Write a pros and Answer ALL questions. QUESTION 1 1.1 (20 Marks) 12 Identify and explain FIVE (5) differences between the Primary and Secondary Markets. (10 marks) The Johannesburg Stock Exchange (JSE) is presently the largest stock exchange in Africa and was officially recognized in November 1887. The JSE has developed to fulfil both the political and economic challenges of the new post-apartheid South African economy. The JSE is a full service, modern securities exchange providing fully electronic trading, clearing and settlement in equities, derivatives (equities and commodities), interest rate products and associated instruments. It has extensive surveillance capabilities With reference to the above statement, explain in detail THREE (3) advantages and TWO (2) disadvantages of investing in the JSE. (10 marks) (20 Marks) 2