Rahul Sharma

ALTX East Africa Exchange

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Type  Stock Exchange
Headquarters  Kampala, Uganda
Website  Homepage
Industry  Finance
Products  Stock trading services
Founded  July 2016
ALTX East Africa Exchange
Key people  Joseph Kitamirike chief executive officer

The ALTX East Africa Exchange (ALTX) is a stock exchange in Uganda. The ALTX operates under the jurisdiction of Uganda's Capital Markets Authority, which in turn reports to the Government of Uganda.

Contents

Trading

Its operations are entirely electronic, with all transactions completed online. The exchange lists foreign securities, bonds, and exchange traded funds. The exchange opened to trading on 13 July 2016. It accepts trades as low as US$3, targeting investors of modest means.

Ownership

ALTX is a demutualised exchange wholly owned by ALTX Africa Group, a Mauritius based entity that also owns ALTEX Clearing. GMEX Technologies of the United Kingdom owns 25 percent of ALTX Africa Group. Other investors include Joseph Kitamirike, the chief executive officer and co-founder of ALTX East Africa, and Jatin Jivram, director and co-founder of ALTX East Africa.

References

ALTX East Africa Exchange Wikipedia


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