FSCA orders ZAR X to shut down
The Financial Sector Conduct Authority (FSCA) has announced that it has cancelled the exchange licence of ZAR X with immediate effect.
ZAR X was granted a stock exchange licence by the Financial Services Board in March 2016 and started trading in February 2017.
FSCA suspends ZAR X exchange licence
The Financial Sector Conduct Authority (FSCA) has suspended the exchange licence of ZAR X effective from 16:00 on Friday, 20 August 2021.
ZAR X is allowed to operate as an exchange to give effect to transactions in progress or otherwise not finalised at the...
ZAR X launches unit trust blockchain in South Africa
Local stock exchange ZAR X, in conjunction with Adhara and Computershare South Africa, has launched the first distributed settlement system for unit trusts in South Africa.
Using the blockchain, it enables the public to purchase and settle...
ZAR X signs new brokers
ZAR X, South Africa’s newest stock exchange, has signed four new brokers – with another five preparing to join in the coming weeks.
South Africa’s new stock exchange opening soon
South Africa’s new stock exchange, ZAR X, has won a major battle in its fight to operate in the country, with the FSB Appeal Board dismissing a JSE and 4AX appeal against ZAR X receiving an exchange licence.
ZAR X stock exchange gets a licence and will begin operations next week
ZAR X has been granted a licence to operate a stock exchange by the Financial Services Board.
South Africa gets a new stock exchange – ZAR X
South Africa has granted its first stock exchange operating licence in over 100 years to the ZAR X Stock Exchange.