Best Execution

By looking cross-market you can ensure that you are getting the best deal for your clients and are following international best practice.

Choice and Reduced Fees

Brokers now have a choice of trading venue. Narrower spreads and increased liquidity generate material savings while brokers enjoy a 50% reduction on the end-to-end cost of transacting.

A Contingency Plan

Should one market experience issues, listed shares will still be available for trade

 


Multilateral Trading Facility

The A2X model is a Multilateral Trading Facility styled exchange platform operating as follows:


Trading in qualifying equity securities

The matching engine is an anonymous central order book

All orders will be lit and matched on price/time priority

All trades currently take place on-market

A high performance, low latency platform

Internationally proven technology

 


Clearing Process

All trades executed on the platform will be cleared by A2X Clear as follows:


Clearing takes place on a mutlilateral basis

Settlement occurs on a T+3 rolling contractual basis

Settlement is assured and monitored by the A2X settlement committee

Strate is the appointed Central Securities Depository

 

In order to trade on A2X, you will need to use an approved broker. The list of approved brokers (members) can be found here

 

If you are a locally domiciled broker and would like to become an A2X member, simply follow the steps on our applications page.