Anchor Stockbrokers (Anchor) have commenced trading on A2X Markets joining eleven other brokers who are connected and trading on A2X. Anchor can now transact across markets for the 173 companies and exchange traded funds listed on A2X.
Anchor Stockbrokers is a niche focused stockbroker providing equity brokerage services and research into sectors in which it has a competitive advantage.
It aims is to become a market leading niche focused South African stockbroker that provides clients with unparalleled market intelligence and insights into various sectors and investment markets.
Kevin Brady, CEO of A2X Markets, added, “We are delighted to have Anchor connected and trading on A2X. Anchor is the latest broker that will now have access to the additional liquidity and lower fees offered through our market.”
A2X has listings across all key sectors, including media, property, mining, banking, retail, FMCG, financial services, insurance, healthcare and telecommunications.
Anchor joins Peresec, RMB Morgan Stanley, Standard Bank, Absa CIB, Investec Markets, Prescient, Atisa, Sinayo, NOAH, Kela and Vunani, as brokers connected and trading on A2X.
Brett Adams, CEO of Anchor Stockbroking said,” At Anchor we aim to give our clients a comparative advantage and in line with this commitment we have connected to A2X’s low-cost platform which will enable us not only to save money when we transact but also achieve best execution by looking across all markets in South Africa for the very best deal available.”
A2X is a licensed stock exchange that provides a secondary listing venue for companies. It is regulated by the Financial Sector Conduct Authority and the Prudential Authority (SARB) in terms of the Financial Markets Act. A2X began trading in October 2017.
