A2X looks to bring choice and a fresh approach to the SA equities market
With the vision to provide a new exchange in the same mould as the European Multilateral Trading Facility, A2X has applied to the Financial Services Board (FSB)for the granting of a licence to operate an exchange for the trading of cash equities.
“It’s about providing an alternative equities trading platform, offering outstanding performance and reduced transaction costs. With A2X, there will be a choice of stock exchanges.”
“A2X is excited to have been able to partner with a company of Aquis’ pedigree. Aquis brings extensive exchange experience, innovative thinking, world leading exchange technology and importantly, shares our entrepreneurial culture and approach. We look forward to a long and rewarding relationship with Aquis as we introduce choice and a fresh approach to the SA market place.”
|Alasdair Haynes said
“This is a major development for Aquis. Aquis has developed market leading exchange technology systems which has enabled us to enter the software licensing market. We are delighted that A2X has chosen to partner with Aquis. A2X has recruited a first class team of experienced market professionals and with strong financial backing and with the support of Aquis technology A2X will provide the market in South Africa with a realistic alternative to the JSE for the first time.”