THE BENEFITS OF
PARTNERING WITH US
An experienced team hand-picked from across the financial services and technology industries, run the exchange. This experience, combined with the cutting-edge technology, stable systems and an agile environment enable A2X to provide the market with an efficient and cost-effective trading venue to
secondary list and trade shares.
Creating Choice
We strive to empower the market with choice by providing a complementary venue for companies to secondary
list shares for trade.
Latest Technology
By using the latest high-performance exchange technology supplied by Aquis
Exchange in the UK and through other efficiencies, we are able to offer large fee savings on the end-to-end cost of transacting.
Regulated by the
FSCA
A2X is licensed and regulated by the Financial Sector Conduct Authority (former FSB) and the Prudential Authority (SARB).
Ownership and Empowerment
A2X is owned by a small group of founding shareholders, management and staff. In addition, African Rainbow Capital holds a 20% stake and broad-based empowerment company Nala a 10% stake.
Capital Market
infrastructure
A2X fits into the existing capital market infrastructure and uses Strate and its participants to settle all trades transacted on A2X.
FAQ
Q: Can I, as an individual, trade on A2X?
A: A2X does not directly cater for retail clients. We operate a wholesale model and if you would like to trade on A2X you would need to go through one of our approved brokers.
Our
Values
A stand-up crowd
Integrity – Being a trusted South African financial brand starts with living up to the high ethical standards we set for ourselves and taking responsibility for our own actions.
of nice ‘guys’
Humility – It’s important that the men and woman who work here have the right attitude. At A2X we set aside ego, are approachable, reliable, humble and collaborate to succeed whilst having fun.
who really listen
We respect all stakeholders, we listen to our clients and actually hear them. We recognise the value of our colleagues’ and clients’ diversity, advice and expertise.
while running an
exchange with an
entrepreneurial spirit
We are energetic, willing to challenge the status quo and strive for operational excellence while giving our stakeholders a professional and efficient experience.
with grit
We are resilient, rigorous, and relentless as we execute.
and foresight
We try our best to anticipate future needs, obstacles, and opportunities.
together.
We know that the best results are achieved when people with different perspectives and diverse cultures work together and collaborate.
Our
Journey
A2X is Founded
by Sean Melnick, Ashley Mendelowitz and Kevin Brady, individuals with experience in financial markets and technology. Their goal was to create a new South African exchange to bring healthy competition to the market.
October 10 2014
March 1, 2017
African Rainbow Capital acquires a 20% share in A2X
The ARC Chairman, Patrice Motsepe, says, “We are happy to support A2X in bringing effective competition to an industry traditionally dominated by one player. Ultimately, competition drives market efficiencies and this benefits all users, including individual investors and pensioners.”
A2X issued with an Exchange Licence with an infrastructure to clear
A2X officially becomes a new South African exchange licensed in terms of the Financial Markets Act, 2012
April 6, 2017
Reuters provides real-time price data of shares listed on A2X
“At Thomson Reuters, we believe in open markets where multiple players thrive, using systems that drive efficiency and provide better customer experience. This is why we are open to working with and providing data from all exchanges to our customers so that a variety of places to trade are offered and more informed trading decisions can be made with the clearest view of what’s happening around the world,” says Sneha Shah, MD Thomson Reuters Africa
January 15 2018
April 12 2018
Bloomberg provides real-time price data of shares listed on A2X
Kevin Brady, CEO of A2X explains, “Bloomberg has a strong user base amongst industry participants and investors in the South African financial markets so the availability of A2X data on this platform is an important development in providing full visibility of price and volume activity on A2X. This will empower the industry to achieve best execution when transacting in listed securities across multiple trading venues.”
A2X approved to secondary list ETFs and ETNs
“We are pleased to announce that our application to extend our licence to include the secondary listing and trading of ETFs and ETNs, a high growth segment of the market, has been approved by our dual regulators, the FSCA and the Prudential Authority,” said: Kevin Brady, CEO of A2X.
February 4 2019
15 Jan 2020
A2X get approval to inward list companies from an approved international exchange
A2X’s exchange licence was extended in 2020 to allow secondary listings of companies that have a listing on an exchange located outside of South Africa.
A2X welcomes its first cross-listing between two alternative exchanges in SA as TWK lists on A2X from the CTSE
November 30 2021
2 Oct 2022
A2X Launches two new trade types to market: Market at Close (MaC) and Auction on Demand (AoD)
A2X Welcomes its first inward listing, LSE-listed NEO Energy Metals PLC.
November 30 2024
Listen
In September 2021 A2X CEO Kevin Brady chatted to Mark Tobin and the Finance Ghost on a Twitter Space about why companies should have a secondary listing on A2X, the benefits of healthy competition, the opportunities and challenges facing A2X and more.
Play