Between 1970 and 1985, turnover in this market was about R8 billion, in 1995 this had increased to R2.3 trillion and in the year 2004 turnover was R8.4 trillion. Finally the foreign exchange market which interests so many people has also seen some remarkable evidence of globalisation.
To cut a long story short, in 1987 the average daily turnover in this market was 1.1 billion US dollars and during the course of 2005 the average daily turnover in this market in some 12 billion US dollars. So there is a lot of activity going on there. The only conclusion I can come to is that we are coping well with globalisation.