The A2X Exchange

[Platinum Wealth]

A2X plans to offer choice to the market through the provision of an equities trading platform at reduced transaction costs with outstanding performance.

 

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

 

Trading in qualifying equity securities;

The matching engine will be an anonymous central order book;

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

All trades will be on-market;

A high performance, low latency platform; and

Using internationally proven technology.

 

 

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

 

Clearing will take place on a mutlilateral basis;

Settlement will be on a T+3 rolling contractual basis;

Settlement will be assured and monitored by the A2X settlement committee; and

Strate will be the appointed Central Securities Depository.

 

 

http://www.a2x.co.za

[LentilSoup]

Is this exchange open yet?