Top Qs
Timeline
Chat
Perspective

A2X Markets

South African stock exchange From Wikipedia, the free encyclopedia

A2X Markets
Remove ads

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]

Quick Facts Type, Location ...
Remove ads

History

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

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)
Remove ads

See also

References

Loading related searches...

Wikiwand - on

Seamless Wikipedia browsing. On steroids.

Remove ads