SecondSTAX provides a technology-driven smart order management and execution routing system for investment firms seeking to trade securities across multiple African exchanges. The platform facilitates compliant, cross-border capital market transactions by aggregating order management, operations workflow, and market data into a single gateway. This infrastructure enables institutional investors to efficiently access and transact in Pan-African debt and equity markets using local currencies.
Funding
$1.6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Investment firms face challenges accessing and trading securities across different African exchanges due to fragmented capital markets and regulatory complexities. This limits diversification opportunities and hinders efficient intra-continental capital flow.
Solution
SecondSTAX provides a technology-driven platform that enables investment firms to seamlessly trade securities across multiple African exchanges from a single portal. The platform offers a smart order management and execution routing system, streamlining middle and back-office workflows for efficient multi-regional investments. By aggregating real-time trading data, news, research, and operational systems, SecondSTAX empowers investment firms to make informed trading decisions and manage their portfolios across diverse African markets. The platform facilitates secure and compliant order routing onto existing capital markets infrastructure, enabling investment firms to invest in local currencies and mitigate single currency risk. SecondSTAX aims to interconnect debt and equity capital markets throughout Africa, enhancing capital flows, liquidity, and price discovery.
Target Audience
SecondSTAX primarily targets licensed broker-dealers, asset managers, and institutional investors seeking to facilitate intra-continental African capital market transactions.
Features
- Smart order management and execution routing system for efficient trading across multiple African exchanges
- Real-time market data, news, and research from reliable local expert sources
- Streamlined middle and back-office workflow management
- API for developers and system integrators to build fintech apps for trading across African capital markets
- Compliant order routing onto existing capital markets infrastructure
- Multi-currency asset holding capabilities to reduce single currency risk