Kepler Cheuvreux’s KCx goes live on A2X Markets

Development expands KCx’s presense in South Africa while improving the platform’s ability to source liquidity in hard-to-find securities.

Kepler Cheuvreux’s execution division KCx has connected to South African exchange A2X Markets, through a partnership with Peresec.

The exchange was developed using technology from Aquis, with plans in place to utilise additional features such as periodic auctions, Market-on-Close (MOC) cross and Large-in-Scale (LIS).

The move bolsters KCx’s presence in South Africa, alongside boosting the platform’s ability to source liquidity in hard-to-find securities, which will help improve executions for clients.

“This marks another step in our journey to becoming the most trusted, agile, and multi-local agency broker – dedicated to building solutions our clients love,” Kepler Cheuvreux said in a social media post announcing the development.

Over the past year, KCx has made a number a key enhancements to its platform.

Last month, KCx went live as a broker on Bloomberg Tradebook’s PAIR solution, enabling traders to execute multi-currency pair trades with KCx and allowing them to navigate arbitrage strategies with better precision and efficiency.

Elsewhere, KCx partnered with Adaptive to develop an event-driven trading system based on Aeron and its own Hydra technology.