BUSINESS DAY TV: Aim is to have a fully functional test environment by July
Kevin Brady, CEO of A2X, speaks to Business Day TV about the new stock exchange receiving its licence and whether African Rainbow Capital is likely to take up its option of an additional 5% stake BUSINESS DAY TV: SA’s soon to welcome its third new stock exchange with A2X Markets having been awarded its licence by the FSB today. The exchange plans to take the JSE head-on, competing directly and targeting top 40 companies, and Kevin Brady, CEO of A2X, joins us in the studio now. Kevin … did you think you’d be back in our studios so soon? The licence being awarded today, how much of a surprise did it come as? KEVIN BRADY: We’ve obviously been working towards this for two-and-a-half years, so it’s wonderful that we have been issued a licence and obviously we’re very excited. The fact that we had good news in terms of African Rainbow Capital taking a stake in us and then shortly after that being granted the licence is wonderful. But it’s been a long uphill battle. BDTV: Absolutely, this ...
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