A2X Markets (A2X) is a South African stock exchange playing an integral part in the progression of the South African marketplace. A2X began trading on 6 October 2017. An experienced team, advanced technology and an agile environment enable A2X to provide an efficient and cost-effective trading venue to secondary list and trade shares, exchange traded funds (ETFs) and exchange trades notes (ETNs).
A2X has appointed Strate as its central securities depository and operates within the proven and reliable South African settlement structure and uses technology developed by the UK’s Aquis Technologies, which includes proven exchange matching and surveillance systems and a clearing platform custom-built for A2X. The end-to-end costs of transacting on A2X are in the region of 50% lower than the other trading venue in South Africa where the same shares can be traded. A2X has nine approved brokers that account for about 50% of market activity.
