A2X Markets
{{short description|South African stock exchange}}
{{Use South African English|date = October 2023}}
{{Infobox exchange
| name = A2X Markets
| logo = 200px
| type = Stock exchange
|city = Sandton, Johannesburg
|country = South Africa
|foundation= {{Start date and age|2014}}
|currency = Rand
| key_people = Ashley Mendelowitz
Chairman
Kevin Brady
Chief Executive Officer
Neal Lawrence
Chief Technology Officer
Otsile Matheba
Chief Financial Officer
Gary Clarke
Head of Legal and Regulation
|listings = 176
|mcap = R 10.9 trillion
| homepage = {{UR|https://www.a2x.co.za}}
|coordinates={{coord|-26.11321|28.05481|type:landmark_region:ZA-GT|display=inline,title}}}}
A2X Markets is a South African stock exchange. Their goal was to create a new South African exchange to bring healthy competition to the South African marketplace.{{Cite web|url=https://www.fin24.com/Entrepreneurs/My-Business/how-3-questions-birthed-the-a2x-stock-exchange-in-sa-20190404|title=How 3 questions birthed the A2X stock exchange in SA|date=2019-04-04|website=Fin24|access-date=2019-04-18}}
A2X is an MTF styled stock exchange that was awarded a licence to operate an exchange by the Financial Services Board, now Financial Sector Conduct Authority (FSCA) on 6 April 2017.{{cite web|url=https://www.a2x.co.za/2016/04/04/a2x-markets-granted-exchange-licence/|title=A2X Markets Granted Exchange Licence|date=4 April 2016 }} On 6 October 2017, A2X debuted{{Citation|last=SABC Digital News|title=A2X, SA's newest stock exchange launched|date=2017-10-06|url=https://www.youtube.com/watch?v=a9IDrCvC584|access-date=2019-04-18}} with 3 listings African Rainbow Capital, Peregrine Holdings and Coronation Fund Managers and a combined market cap of R14 billion.{{Cite web|url=https://www.businesslive.co.za/bd/companies/financial-services/2017-09-22-a2xs-value-to-top-r14bn-on-peregrine-and-arc-listings/|title=A2X's value to top R14bn on Peregrine and ARC listings|website=BusinessLIVE|language=en-ZA|access-date=2019-04-18}}
Order and Trade Types Offered
A2X offers the following on-book order types:
- Day Orders
- Good Till Date [Within the current day only]
- IOC (Immediate or Cancel)
- FOK (Fill or Kill)
- Iceberg
- Post Only
- Post Only Cancel Replace
- MaC (Market at Close)
- AoD (Auction on Demand)
In addition to the above, A2X also offers the following off-book trade capture reports:
- LIS (Large In Scale)
- NBC (Negotiated Benchmark Cross)
- MP (Matched Principal)