Compare emerging markets · one screen
Compare five emerging markets, side by side.
One screen, five frontier exchanges — Nairobi's NSE, Lagos' NGX, Manila's PSE, São Paulo's B3, and Johannesburg's JSE, compared on the same four axes each city spotlight covers: broker access for non-residents, headline index and depository, local listings worth knowing, and the local-currency leg (KES/USD, NGN/USD, PHP/USD, BRL/USD, ZAR/USD).
Comparison
Pick a column, open the spotlight.
Nairobi · NSE
Nairobi Securities Exchange
- Broker access
- Kenyan brokers on-board non-resident retail through a CDSC account under foreign-quota rules; confirm the foreign-currency funding leg and FX mark-up before wiring USD.
- Index / registrar
- NSE-20 / NSE-25 indices · CDSC depository · CMA regulator.
- Listings worth knowing
- Mobile telecoms, commercial banking, and consumer staples — the blocs that anchor most NSE portfolios.
- Currency / cost
- USD ↔ KES wires carry a correspondent-bank fee plus a 1–3% FX mark-up; budget CDSC and CMA levies into the fee stack.
Lagos · NGX
Nigerian Stock Exchange (NGX)
- Broker access
- Nigerian brokers on-board non-resident retail under SEC Nigeria rules via CSCS settlement; confirm routing to both NGX equities and the FGN savings-bond retail venue before committing.
- Index / registrar
- NGX All-Share Index · CSCS depository · SEC Nigeria regulator.
- Listings worth knowing
- Commercial banking, oil-and-gas, and consumer staples — and the FGN savings-bond retail venue for naira-denominated sovereign paper.
- Currency / cost
- USD ↔ NGN wires carry a correspondent-bank fee plus a 1–3% FX mark-up; budget CSCS and SEC levies into the fee stack.
Manila · PSE
Philippine Stock Exchange (PSE)
- Broker access
- Manila-based brokers on-board non-resident retail under SEC Philippines rules via PDTC settlement; confirm routing to both PSE equities and the PDEx retail-bond venue before committing.
- Index / registrar
- PSEi · PDTC depository · SEC Philippines regulator.
- Listings worth knowing
- Conglomerates (SM/ayala-style), utilities (power and water), and financials (banks) — the blocs that anchor most PSE portfolios.
- Currency / cost
- USD ↔ PHP wires carry a correspondent-bank fee plus a 1–3% FX mark-up; budget PDTC and SEC levies into the fee stack.
São Paulo · B3
B3 — Brasil, Bolsa, Balcão
- Broker access
- Several Brazilian brokers on-board non-resident retail under CVM rules via B3 settlement — route through brokers with an explicit international-desk offering, and confirm access to the Tesouro Direto retail sovereign venue.
- Index / registrar
- Ibovespa · B3 depository · CVM regulator.
- Listings worth knowing
- State-linked conglomerates (Petrobras/Eletrobras-style), commodities (mining and agribusiness), and financials (private banks such as Bradesco, Itaú, Unibanco-style franchises).
- Currency / cost
- USD ↔ BRL wires carry a correspondent-bank fee plus a 1–3% FX mark-up; budget B3 and CVM levies into the fee stack.
Johannesburg · JSE
Johannesburg Stock Exchange (JSE)
- Broker access
- South African brokers typically on-board non-residents under FSCA rules via a CSDP nominee account (or a direct account, where eligible); route through brokers with an explicit international-desk offering and confirm USD-to-ZAR funding is quoted separately from the trade before wiring.
- Index / registrar
- FTSE/JSE Top 40 · STRATE depository · FSCA regulator.
- Listings worth knowing
- Mining majors on global commodity cycles (gold, PGM, iron ore), the big-four-bank financial bloc, and Naspers/Prosus-style and Richemont-style consumer listings — the blocs that anchor most JSE portfolios.
- Currency / cost
- USD ↔ ZAR wires carry a correspondent-bank fee plus a 1–3% FX mark-up; budget STRATE/JSE levies and CSDP custody fees into the fee stack.