Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit www.sacoronavirus.co.za.

bs-regular
bs-extra-light
bs-light
bs-light
bs-cond-light-webfont
bs-medium
bs-bold
bs-black

Community


Share knowledge. Ask questions. Find answers.

Online Share Trading

Engage and learn about markets and trading online

anyone know what the magical number 416 means?

Reply
Not applicable
DST...416 USD per day is 6 figures...nothing to do with forward rate...I was speaking about this first in a SA context and then US context .....just happens that the Top 40 contract points are worth ZAR 10....
0 Kudos
Not applicable
Pish posh, I have a mate that came pipe off his bike and was paid out almost a bar from road accident fund, he was broken in exactly 416 places.
0 Kudos