Four-year-old South African stock exchange A2X expects to break even by 2023 as trading in the secondary listings it offers takes off.
The latest South African stock exchange opened on Thursday pledging to lure firms from across Africa with listing costs that are a third of that charged by the JSE.
JSE-listed IT services group EOH Holdings plans a secondary listing on A2X Markets, with its shares to available to trade from Friday, 13 August.
Naspers will start trading on South Africa’s A2X Markets for secondary listings next week, the greatest prize yet for the upstart bourse as it seeks to challenge the JSE.
In a major coup for stock exchange upstart A2X Markets, Naspers plans to list on the new South African bourse.
Standard Bank and AVI have announced they will list on new South African stock exchange A2X.
Since it started operating in October, the biggest breakthrough for South Africa’s A2X Markets for secondary listings came on a Monday in April. That was when shares in Sanlam, the largest South African-based
JSE-listed telecommunications specialist Huge Group will list on A2X Markets, a new South African stock exchange, but will remain listed on the JSE. The rationale for listing on A2X is that investors will be able to
Last week, the Financial Services Board granted the fourth new stock exchange licence issued in the past two years. The licence was awarded to Equity Express Securities Exchange, and follows those given to ZAR X
The Financial Services Board on Wednesday granted a new exchange licence with an infrastructure to clear to A2X Markets. This is the third new stock exchange licence granted by the regulator in just over