A2X_Markets

A2X Markets

A2X Markets

South African stock exchange

A2X Markets is a South African stock exchange. Their goal was to create a new South African exchange to bring healthy competition to the South African marketplace.[1]

Quick Facts Type, Location ...

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)

References

  1. [1]
    "How 3 questions birthed the A2X stock exchange in SA". Fin24. 2019-04-04. Retrieved 2019-04-18.
  2. [2]
    "A2X Markets Granted Exchange Licence". 4 April 2016.
  3. [3]
    SABC Digital News (2017-10-06), A2X, SA's newest stock exchange launched, retrieved 2019-04-18
  4. [4]
    "A2X's value to top R14bn on Peregrine and ARC listings". BusinessLIVE. Retrieved 2019-04-18.
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This article uses material from the Wikipedia article A2X_Markets, and is written by contributors. Text is available under a CC BY-SA 4.0 International License; additional terms may apply. Images, videos and audio are available under their respective licenses.