Degro Futures is the electronic trading arm of the group and is used by our clients primarily for price discovery and hedging. Due to increasingly large volumes of cross-border trades, we have recently also started doing currency hedging as a means to manage exchange rate fluctuations in the currency market.

We are constantly exploring innovative ways of adding value to our clients’ investment portfolios without compromising on downside risk management.

If you would like to open a trading account with us, we invite you to complete the online JSE Client Form available here. After completion, kindly fax the signed form to: +27 12 807 3413. Alternatively, you can drop us an email: futures@degro.co.za if you would like to talk to one of our dedicated consultants.

Dr. Raphael Karuaihe (43), MD and Commodity Trader

Raphael started his career in the financial services sector in Namibia in 1994. He worked as Asset Manager for Metropolitan Life and later as Investment Consultant for pension funds at Alexander Forbes. Raphael joined the Degro Group in May 2008 to head up the futures company. He is in charge of research and development, apart from his responsibilities as commodity trader. Raphael holds a B.Sc. degree in mathematics, an MBA and a PhD in Agricultural Economics. He is a qualified agricultural derivatives trader.