SecondSTAX offers a cloud‑native smart order management platform that consolidates trading across African equity and bond exchanges into a single, compliant gateway. The system automates order routing, local‑currency settlement and integrates front‑, middle‑ and back‑office workflows while delivering real‑time market data and a RESTful API for fintech integration. It is aimed at licensed broker‑dealers, asset managers and institutional investors seeking cross‑border market access.
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 that trade African equities and bonds must navigate a fragmented landscape of separate exchange interfaces, disparate regulatory requirements, and disconnected market data sources, which leads to operational inefficiency and higher compliance risk.
Solution
SecondSTAX delivers a cloud‑native smart order management and execution routing platform that consolidates access to multiple African stock and bond exchanges into a single, compliant gateway. The system automates order routing, supports local‑currency settlement, and synchronizes front‑office trading with middle‑ and back‑office workflows. Real‑time news, research, and market data are embedded to inform trading decisions, while a unified API enables fintech developers to build custom applications on top of the infrastructure. The platform’s architecture ensures scalability, security, and adherence to each jurisdiction’s regulatory framework, allowing firms to execute cross‑border transactions with minimal manual intervention.
Target Audience
The primary customers are licensed broker‑dealers, asset managers, and institutional investors that require direct, cross‑border access to African equity and debt markets.
Features
- Unified smart order entry that routes buy and sell orders to any participating African exchange from one web portal
- Real‑time execution routing engine with local‑currency handling and automatic compliance checks per market
- Integrated middle‑office and back‑office modules for trade confirmation, settlement, and reporting, kept in sync with front‑office activity
- Continuous aggregation of market news, analyst research, and price/volume data from local sources, presented in a single dashboard
- RESTful API and SDKs for developers to embed trading functionality into third‑party fintech applications
- Cloud‑based, multi‑tenant infrastructure with role‑based access control, encryption at rest and in transit, and audit logging for regulatory compliance
- Configurable workflow automation for post‑trade processes such as clearing, settlement, and regulatory filing