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ABSA Online Trading

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Absa Stockbrokers (Pty) Limited (Registration Number 1973/010798/07 Johannesburg) is an independent stockbroking company registered with the JSE Ltd.

We are members of the South African Institute of Stockbrokers and as such subscribe to the institute's code of ethics.

Absa Stockbrokers is a subsidiary of Absa Bank Ltd and complies with Absa's privacy and security policies. However, business is conducted directly with Absa Stockbrokers (Pty) Ltd.

From The Glossary »

Net Single Premiums:

The net single one-time premium which, together with other similar premiums, along with investment income will be exactly sufficient to pay all claims under certain specific assumptions as to mortality rates and interest yields.
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