Post Trade Services – Cash Equities Market:

A2X Markets provide settlement assurance for trades executed on A2X.

A2X performs the role of the Settlement Committee (as required by the A2X Rules and Directives) in ensuring that trades executed on A2X Equity trading are settled in accordance with the principles of the T+3 rolling contractual settlement.

In providing this assurance, the team performs the following functions:
  • Monitoring settlement to ensure that settlement takes place as per the A2X Rules and Directives.
  • Performing securities or money lending and borrowing as lender of last resort.
  • Rolling of settlements.
  • Failed trade management procedures
    • Retransaction
    • Compensation

A2X Failed Trade Procedures

Non-controlled Clients Settlement Obligations

A2X T+3 Settlement Cycle