A2X opened its doors for trade on 6 October 2017 with a team committed to progressing the financial market place in South Africa. Find out more about our journey here.

 
Listen

Gareth Armstrong , Executive Director: Future CEOs™, interviewed our CEO Kevin Brady in November 2018 on his #MeetTheCEO podcast. Take a listen as Kevin talks about the A2X journey :

 
Timeline

Timeline

Oct 10 2014

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.

Mar 1 2017

African Rainbow Capital acquires a 20% share in A2X

ARC Chairman, Patrice Motsepe, says “We are happy to support A2X in bringing effective competition in an industry traditionally dominated by one player. Ultimately, competition drives market efficiencies and this benefits all users, including individual investors and pensioners”.

Apr 6 2017

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

Oct 6 2017

A2X goes live and with three listed companies

African Rainbow Capital, Peregrine Holdings and Coronation Fund Managers become the first companies to list on A2X.

Anton Pillay, Coronation CEO, says, “As an active player in the South African equity market as both an issuer and fund manager, we appreciate the impact that A2X is likely to have on South African markets. For this reason, we felt that Coronation needed to be part of the evolution.”

Nov 9 2017

Afrimat secondary lists on A2X

Andries van Heerden, CEO of Afrimat explained his rationale for listing, “Our board agrees that stock exchange competition is healthy for the entire market. We support the idea that reduced cost of trading will bring in additional investors. We look forward to being traded on A2X.”

Nov 29 2017

Sandown Capital secondary lists on A2X

After unbundling from Peregrine Holdings, Sandown Capital lists on A2X on the same day as on the JSE

Dec 1 2017

NALA acquires a 10% stake in A2X

Jan 15 2018

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

Apr 10 2018

The Huge Group secondary lists on A2X

CEO of Huge Group Limited James Herbst explains, “This was not a very difficult decision to make. There are no additional costs to Huge of listing its shares for trading on A2X, there is no additional administrative burden and the continuing obligations are easy to fulfil. The rationale for this secondary listing was mainly to bring the prospect of lower transactional costs to investors who trade our shares.”

Apr 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.”

Apr 16 2018

Sanlam secondary lists on A2X

Sanlam shares become available for trade on A2X. Ian Kirk, Sanlam Chief Executive, says that Sanlam’s A2X listing is in the interests of its shareholders and provides an opportunity to participate in the on-going development and overall growth of South Africa’s capital markets. “We welcome the opportunity to attract possible new international investors.”

May 29 2018

Ascendis Health secondary lists on A2X

Ascendis Health CEO Thomas Thomsen said, “We are pleased to complement our primary listing on the JSE with the secondary listing on A2X. We see the secondary listing as an opportunity to attract potential new investors through the lower-cost trading structure of A2X and broaden our shareholder base. There is no cost to the secondary listing or any additional regulatory compliance.”

Jul 10 2018

Anchor Group shares become 6th corporate from the Financial Services industry to list A2X

Anchor’s CEO, Peter Armitage says, “A secondary listing on A2X gives brokers more options and supports free market principles. There is no risk or cost to Anchor, and it makes economic sense for us to back people who are bringing down overall costs.”

Jul 18 2018

Growthpoint Properties becomes the first property listing on A2X

Norbert Sasse, Group CEO of Growthpoint Properties, comments: “We believe that our secondary listing on the A2X contributes to the growth and efficiency of South Africa’s financial markets, encourages competition, and aligns with global practices.”

Sep 13 2018

Sygnia Limited secondary lists on A2X

The listing offers Sygnia an opportunity to broaden and diversify its offering to benefit its clients and spur local innovation. “We support disruption, competition and best practice in South Africa’s capital markets. International experience has shown how competition helps drive a more efficient and responsive industry, which ultimately benefits the end consumer and assists in the overall growth of the market,” says Sygnia CEO, Magda Wierzycka.

Nov 15 2018

Standard Bank Group Limited Ordinary Shares and Preference Shares become available for trade

Standard Bank Group’s Financial Director, Arno Daehnke, comments, “We have listened to our institutional investors, who have called for these secondary listings, which will offer enhanced choice to investors to trade through A2X’s platform and which demonstrate our support for the deepening and broadening of financial markets.”

Nov 15 2018

AVI Limited secondary lists on A2X

AVI become the first FMCG company to list on A2X

A2X CEO, Kevin Brady says, “AVI is home to many of South Africa’s leading and best-loved brands. As the first FMCG company to list on A2X, we view its listing as an important milestone as we attract listed companies from various sectors.”

Nov 29 2018

African Rainbow Minerals becomes the first mining company to list on A2X

“We are pleased to welcome ARM onto our platform. ARM is the first company from the mining sector to list on A2X as we continue to attract listed companies from across the various sectors.” says A2X CEO, Kevin Brady

Dec 27 2018

Naspers Limited secondary lists on A2X

Naspers CEO Bob van Dijk said: “A2X is one of a growing number of new exchanges that are leveraging technology in an effort to reduce trading costs and increase market transparency. As one of the world’s leading technology investors we understand the value of technology and are pleased to support these efforts by also listing on A2X. We believe our shareholders will appreciate the added choice of trading venues.” 

Feb 1 2019

Santam Limited secondary lists on A2X

Santam CEO Lizé Lambrechts said: “We are continually looking for new ways to add benefit to our clients and shareholders. We see this additional listing as an opportunity to attract potential new investors. More importantly we are pleased to be complementing our existing listings on the JSE and Namibian Stock Exchange with a listing on A2X.”

Feb 4 2019

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.

Feb 6 2019

Tharisa plc shares become available for trade

Tharisa CEO Phoevos Pouroulis said: “The secondary listing on A2X is an opportunity to improve liquidity and attract new investors through the lower trading costs offered by the A2X trading platform. There are no additional regulatory requirements or ongoing obligations. Listing on A2X will complement Tharisa’s existing listings on the JSE and LSE by providing investors with a choice of exchange on which to transact.” 

Apr 1 2019

Aspen secondary lists on A2X

Stephen Saad, Aspen Group Chief Executive said: “We continually strive to identify ways to increase value for our shareholders and the complementary A2X listing offers investors trading benefits while simultaneously providing the prospect of increasing our shareholder base.” 

May 2 2019

Mr Price becomes the first retailer to list on A2X

Mr Price CEO Mark Blair said, “At Mr Price, one of our core values is partnership and it is part of our philosophy to share the ownership and success of our company. We have a long history of delivering value to our shareholders and we see this secondary listing as an opportunity to continue that trend. Listing on A2X markets gives more choice to our current investors and opens up opportunity for us to attract potential new investors.”

Jun 18 2019

Property Investment and Development Group NEPI Rockcastle lists on A2X

NEPI Rockcastle CEO Alex Morar said, “…Importantly to us at NEPI Rockcastle is that this provides current and potential shareholders an additional platform in which to trade our shares besides the JSE and Euronext Amsterdam. This listing reconfirms our firm commitment and support of a competitive market structure that is in line with global best practice. The ability for our shareholders to have the choice of trading on two different exchanges in South Africa is testament to the continued growth and development of the capital markets. ”

Jul 1 2019

Equites Property Fund becomes the third company from the property sector to list on A2X

Equites CEO Andrea Taverna-Turisan said, “The management team at Equites are committed to shareholder value creation. We see this listing on A2X as another opportunity to attract potential new investors and deliver even more value to our shareholders by providing our investors with the choice of a low-cost venue on which to transact our shares.”

Jul 11 2019

Absa is first to secondary list ETFs on A2X

The metal EFTs available for trade are NewGold (GLD), NewPlat (NGPLT) and NewGold Palladium (NGPLD)


Chris Edwards, Head of Prime Services and Index Solutions at Absa Corporate and Investment Banksaid, “We are delighted to be the first issuer to offer investors the option of transacting in our metal ETFs on an alternative low-cost platform as well as the traditional JSE. ETFs are cost sensitive and by adding a secondary listing, it allows our investors to capture not only the direct saving of lower transaction fees but also the indirect savings that accrue as result of narrower spreads and increased liquidity.”

Jul 31 2019

Vunani financial services group secondary lists on A2X


Vunani Limited CEO Ethan Dube said, “Our business model is designed to create stakeholder value by bringing together diversified financial services platforms and product offerings. Our listing on A2X is another way for us to support this model by giving more choice to our current investors and opening opportunity to attract potential new investors.”

Aug 13 2019

Industrial goods and services group Invicta secondary lists on A2X


Invicta CEO Arnold Goldstone said, “We are committed to creating long-term value for our stakeholders and believe our secondary listings on A2X further underpin this commitment. Not only does it align with global best practice but it gives our investors a choice of venue on which to transact and an opportunity to save money.”

Sep 10 2019

Transaction Capital secondary list on A2X

Transaction Capital CEO, David Hurwitz said, “Transaction Capital’s secondary listing on A2X supports free market principles and offers enhanced choice to investors in an efficient and low-cost manner. As an innovative and entrepreneurial business, Transaction Capital is pleased to list on this pioneering platform.”

Oct 10 2019

Investec list first ETNs on A2X


Tinus Rautenbach, Head of Equities at Investec CIB said, “We are delighted to be the first ETN issuer to secondary list our products on A2X. Passive products such as ETNs are particularly cost sensitive as they track an underlying index consisting of a basket of securities. Our ETNs are market leaders as they have a zero total expense ratio. Making them available to investors on the A2X low-cost platform extends our value proposition to investors by offering innovative and cost-effective products.”