ALTX Clearing

ALTX Clearing

ALTX Clearing is a securities clearing and settlement company fully owned by ALTX Africa Group.       ALTX Clearing operates a depository with CDS-R technology that is used to clear and settle trades on ALTX East Africa in real time and in multiple currencies. ALTX Clearing also provides a platform for SACCOs, Investment clubs and groups that would like to keep a proper electronic record of their membership contributions and holdings.
ALTX CDS-R technology has the following capabilities;
• Investor self-serving e.g. account opening and account maintenance
• Securities custody
• Real time DVP settlement
• Securities registry
• Securities Lending and Borrowing
• Securities Hypothecation
• Business Promotion Agency Service
• Multi-currency settlement
• Mobile Money and Credit/Debit card cash deposits

ALTX Clearing is regulated by the Capital Markets Authority of Uganda

Board of Directors