ALTX East Africa is an ALTX Africa Group company opened to operate an ALTX exchange in Uganda. ALTX East Africa is a first step in establishing a network of exchanges in Africa.
ALTX Clearing Ltd is the second depository company established in East Africa. It is planned to develop it into a full blown derivatives clearing operation within two years.
The ALTX Africa Group was founded to invest in exchanges and related transaction infrastructure with the aim of enhancing trading liquidity.
HOW TO OPEN AN ACCOUNT AND TRADE ON ALTX
Once you have confirmed your decision to participate on the ALTX market, apply for a trading account online at www.altxafrica.com/sign-up. You can open either:
To open a Corporate or Joint Account download the form, complete it and return it to us with the required documents.
To open a Private/Individual Account, fill in this online form: https://www.altxafrica.com/sign-up/brokered-individuals. You will require the following information:
• Your Personal Details• A photo of your ID• Your Address• Your Bank Details
Under Trading Preferences on the form you can choose to:
You can always transfer your Trading account.
If you selected a broker:
Visit your chosen broker to activate your account. Carry along the following:
If you selected DMA:
You can place your order either in person at the Stock Brokers office or you can send email instructions.
You will need to fund your trading account in order to start trading.
- Select Option 6 ‘ALTX’
- You will need to input your investor PIN (e.g. 000000XXXXXXXXX800).
Brokered investors can place an order either in person at your brokers office or you can send written instructions via email.
DMA Investors sign in to DMA (Utrade) on our website here: https://utrade.altxafrica.com/login/?next=/
- PRICE: The security may be bought by specifying either a
- QUANTITY: State the number of units of the security you would like to buy.
If you need assistance with the platfrom please get in touch with us.
If you are holding any securities traded on ALTX, you can sell them on the market.
Brokered Investors place a sell order with your broker, either in person at your broker’s office or via written instructions in an email.
- PRICE: The security may be sold by specifying either a
- QUANTITY: State the number of units of the security you would like to sell.
If you need assistance with the platform, please get in touch with us.