Anchor Group lists on A2X


This is the ninth listing for the still fairly new exchange.

A2X Markets recently listed financial services company Anchor Group on its exchange. Effective 10 July, Anchor will be the ninth firm to have a secondary listing on A2X – it is also listed on the JSE.

Anchor’s CEO Peter Armitage says the secondary listing “gives brokers more options and supports free market principles”. He said:

"There’s no downside or cost for us. It’s nothing for or against the JSE. We just think it makes sense to support people who are bringing overall costs down."

According to A2X CEO Kevin Brady (pictured), the Exchange has applied to the Financial Services Conduct Authority asking to amend its licence, as it would like to offer secondary listings to exchange-traded products. A2X might also consider moving into the primary listings market once it has built a reputation in the secondary markets segment, he says, though probably not for the next two years or so.

Related articles

CFO Zaf Mahomed is casting a new net at Oceana

CFO Zaf Mahomed reveals why balance sheet management and cash flow are the only tools you need to make your organisation’s profits grow. He uses his recent experience at Oceana Group as an example.

CFO Jan Hofmeyr shares his blueprint for technological transformation

Passionate about the opportunity technology can bring, 2023 Finance & Technology Award winner Jan Hofmeyr has been breaking the CFO mould at OUTsurance by driving the transformation of its finance department so it remains relevant in an increasingly digital future. He reveals how this change has affected the entire business.

CFO Raisibe Morathi explores the nexus of connectivity

CFO Raisibe Morathi, CFO of the Year 2023 and winner of the Strategy Execution Award as well as the High-Performance Team Award, reveals how she balances technology and people to foster the ultimate digital, financial and cultural inclusion, as Vodacom Group transforms to become part of the digital revolution.

Bringing Joy to Discovery Health Medical Scheme as CFO

Discovery Health Medical Scheme CFO Joy Malete says that her rapid career progression has been the result of “divine orchestration”. Just 34, her success is rooted in curiosity, talent, and a true passion for what she does.