A2X
Technologies
A2X has licensed its systems for the core exchange platform from Aquis Technologies. The core systems include the matching engine, surveillance system as well as a bespoke clearing system.
More about Aquis
Matching Engine
Our market leading matching engine offers A2X and
our clients with a highly performant, low latency and
scalable platform offering unparalleled availability. The
core system also supports a broad range of asset
classes and a wide range of order types.
Surveillance
Derived from complex algorithms and reflecting
sophisticated alert logic, our cross-market surveillance
system offers A2X with real-time alerts to quickly
identify disorderly trading conditions and potential
breaches of A2X’s Market rules, conduct standards and
market abuse provisions of the Financial Markets Act.
Clearing System
Aquis built a bespoke customised world class clearing
system for A2X which caters for the clearing of all
trades executed on A2X.
A2X Post Trade System
Our Post Trade System or Member Client Record and
Allocation System (MeCRAS). was developed in
partnership with a leading local tech company, MCI.
MeCRAS allows our brokers to undertake agency
trades on behalf of their clients and easily manage the
deal allocation and settlement process including any
proprietary trades.
The system facilitates integration between the brokers’
downstream systems allowing for seamless end-to-end
processing. MeCRAS is also hosted by MCI which
means the technical footprint at the brokers firm is
light and further technical integration into the brokers
infrastructure is simple.
Market
Data Providers
Market Data Systems
Market Data is available directly from A2X Markets or via a range of market data vendors.
A2X shares and prices are available on the following platforms; we have created simple, easy to use guides to help you find the data you require on your platform of choice.
Simply click on the vendor below to access these guides
Trading Data Providers
The following vendors have certified their systems with A2X to offer our clients muti-venue Trading systems for the
South African Market:
Smart Order
Routing System Providers
It is imperative that brokers look across markets to ensure they are transacting at the best possible price and to achieve best execution for their clients.
A smart order router (SOR) receives price feeds from multiple trading venues and automatically routes a Broker’s order to the venue with Best Price, Best Liquidity or lowest fees.
A2X Approved Smart Order Routers are available via the following 3rd party vendors:
