Coordinates: 26°06′48″S 28°03′17″E / 26.11321°S 28.05481°E / -26.11321; 28.05481

A2X Markets

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search

A2X Markets
Error creating thumbnail: File missing
TypeStock exchange
LocationSandton, Gauteng, South Africa
CoordinatesLua error in Module:Coordinates at line 489: attempt to index field 'wikibase' (a nil value).
Founded2014; 12 years ago (2014)
Key peopleAshley Mendelowitz
Chairman
Kevin Brady
Chief Executive Officer

Neal Lawrence
Chief Technology Officer
Otsile Matheba
Chief Financial Officer

Gary Clarke
Head of Legal and Regulation
CurrencyRand
No. of listings176
Market capR 10.9 trillion
Websitewww.a2x.co.za

A2X Markets is a South African stock exchange, founded in 2017. It was launched with the goal of creating competition in the South African marketplace.[1]

History

[edit | edit source]

A2X is an MTF styled stock exchange that was awarded a licence to operate an exchange by the Financial Services Board, now Financial Sector Conduct Authority (FSCA) on 6 April 2017.[2]

On 6 October 2017, A2X debuted[3] with 3 listings African Rainbow Capital, Peregrine Holdings and Coronation Fund Managers and a combined market cap of R14 billion.[4]

Order and Trade Types Offered

[edit | edit source]

A2X offers the following on-book order types:

  • Day Orders
  • Good Till Date [Within the current day only]
  • IOC (Immediate or Cancel)
  • FOK (Fill or Kill)
  • Iceberg
  • Post Only
  • Post Only Cancel Replace
  • MaC (Market at Close)
  • AoD (Auction on Demand)

In addition to the above, A2X also offers the following off-book trade capture reports:

  • LIS (Large In Scale)
  • NBC (Negotiated Benchmark Cross)
  • MP (Matched Principal)

See also

[edit | edit source]

References

[edit | edit source]
  1. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  2. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  3. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  4. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).