PANEX is an all-electronic fifth generation FIX compliant exchange operator in Africa. The exchange was designed to be a full service eco-system to provide the most innovative financial market place in Africa and democratize access to financial services throughout the continent. The exchange technology is provided as infrastructure, a service that is layered with simple and yet innovative financial solutions for individual and institutions.
PANEX’s trading platforms, clearing services, and warehouse receipt systems can accommodate an unlimited number of market participants and give flexibility for future expansion. The infrastructure utilizes cloud based computing technology. This means we can start with a small installation and scale up rapidly.