Disruptive alternative investment platform Altvest to secondary list on A2X
Altvest, which listed on the Cape Town Stock Exchange (CTSE) in May, will also list its shares for trade on A2X Markets on 6 September.
Altvest, which listed on the Cape Town Stock Exchange (CTSE) in May, will also list its shares for trade on A2X Markets on 6 September.
Challenger exchange CEO Kevin Brady joins the BizNews team on a day where trading was suspended for more than five hours on the JSE.
Kevin Brady of the A2X shared his insights on the innovation and efficiency needed in order to compete with the ‘monopoly’ that is the JSE.
Absa has become the first major South African bank to invest in A2X Markets which began trading in October 2017.
Sygnia has been approved for a secondary listing on A2X Markets and will list on Thursday, 13 September 2018.
A2X Markets, South Africa’s newest stock exchange, made its debut this morning with three listings and four of the industry’s leading brokers on board.
While value investing usually works well, in periods of radical change its reversion-to-the-mean approach can be found wanting.
Patrice Motsepe’s African Rainbow Capital has taken an initial 20% stake in A2X markets, an aspirant stock exchange expected to start trading year end.