There’s more we can do, says A2X after saving investors R500m
The alternative exchange says the savings are due to lower trading fees and its ability to narrow the bid-offer spreads of the prices of listed securities
09 November 2022 - 11:47
UPDATED 09 November 2022 - 23:03
A2X, the alternative exchange currently licensed to allow secondary listings, says it is saving the investment market about R500m a year, thanks to lower trading fees and its ability to narrow the bid-offer spreads of the prices of listed securities.
By allowing transacting brokers to arrive at a more efficient pricing level when buying and selling shares, A2X says it plans to boost the potential savings for the market to R1.5bn as more public companies opt for a secondary listing on its platform...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.