SA's second-largest stock exchange, A2X, says it took about 3% of trade that would have gone to the JSE in the past month from the 56 stocks that are now listed in it.
The exchange, which is backed by Patrice Motsepe's African Rainbow Capital Investments, has attracted 56 companies listed on the JSE to register a secondary listing on its bourse. These include giants like Naspers, Prosus, Sasol and Standard Bank.
The exchange only measures its share of trade in the universe of its 56 listed stocks. And it looks only at continuous day-to-day trades.