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ATFX Connect has announced a strategic partnership with the Johannesburg Stock Exchange (JSE) to provide institutional and B2B clients across South Africa with direct access to JSE-listed contracts for difference (CFDs).
The arrangement is intended to extend ATFX Connect's distribution capabilities in Africa, targeting brokers, asset managers, and fintech firms seeking access to South African financial markets. The partnership also involves a number of local South African banks, according to the company.
Under the agreement, ATFX Connect clients will gain access to JSE CFD products alongside what the company describes as enhanced execution and distribution capabilities through the combined infrastructure of the two institutions.
Dany Mawas, CEO of ATFX Africa and Co-founder, L7 Prime commented:
"This partnership represents another major step in our African expansion strategy. Working alongside the JSE and a couple of local South African banks allows us to deliver stronger, localised solutions to our partners and B2B clients while reinforcing our long-term commitment to the African market."
ATFX Connect is the institutional division of ATFX Group, a multi-asset broker and liquidity provider. The company is active across global markets and has been scaling its African operations in recent years, with South Africa representing a key node in that strategy given the JSE's position as the continent's largest and most established exchange by market capitalisation.
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