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A2X signs up UBS South Africa as first international broker to trade

Finextra15-05-2025

A2X Markets, the licensed stock exchange providing a secondary listing venue for companies, today announces that UBS South Africa aims to commence trading on its platform in the second quarter of 2025, thus becoming the first international broker authorised to trade on the platform.
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UBS is expected to trade across A2X's 175 listed companies and exchange-traded funds, spanning key sectors such as media, property, mining, banking, retail, FMCG, financial services, insurance, healthcare, and telecommunications.
UBS joins an established network of brokers on A2X, including Peresec, RMB Morgan Stanley, Standard Bank, Absa CIB, Investec Markets, Nedgroup Securities, Prescient, Atisa, Sinayo, NOAH, Kela, and Vunani. These brokers are responsible for over 65% of all trades in listed securities executed in South Africa.
Kevin Brady, CEO of A2X Markets, commented, 'We are delighted to welcome UBS as the first international broker to trade on our market. Their sophisticated algorithm suite will connect to A2X, enabling them to leverage all available markets in South Africa while accessing our additional liquidity and functionality.'
Ed Popham-Holloway, Country Head of UBS South Africa, said: 'In line with our commitment to providing clients with international best practices and innovative solutions, we have invested to connect and trade on A2X, thus enabling us to access broader liquidity for our clients while leveraging the innovative infrastructure available on A2X.'
A2X is a licensed stock exchange providing a secondary listing venue for companies. It is regulated by the Financial Sector Conduct Authority and the Prudential Authority (SARB) under the Financial Markets Act. A2X has been operational since October 2017.
UBS has had a presence in the South African market for 30 years with a well-established advisory and execution business for local and global institutional investors. In addition, it operates a market leading structured products business and a top ranked local equities research team. UBS is a global financial services firm serving private, corporate, and institutional clients. With a presence in major financial hubs and offices in over 50 countries, UBS is a leader in investment banking and trading services.

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