The equities market will offer multi-currency trading and listing capabilities and will create a premier market place to list companies within the continent. The exchange will offer several segments in listing. As part of its equities markets, PANEX will launch the Venture Capital, Small and Medium Enterprises and Mid-Cap Boards and Main Board aimed at serving Africa and the rest of the world.
PANEX trading, clearing, settlement and CSD facilities are modeled on the best practices utilized by successful, modern exchanges to combine speed of execution and lean overheads together with a broad portfolio of products and competitive fees. PANEX combines modern platforms to provide multi-currency trading. The exchange rules accommodate “AFRICA listings” and “fast track” listings for companies with primary listings on other recognized international exchanges.