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PANAFEX™ partners receive the status of a registered member of the financial exchange.
Partnership conditions are governed by and are a subject to all the rules and regulation policies adopted by
PANAFEX™. To become a registered member of PanAfrican Financial Exchange the applicant must be a clearing institution
authorized by PANAFEX™ regulatory authority of another country. The Applicant must also submit the application
with a detailed description of their business, date of establishment, bank references, current monthly transactional volume,
etc. for PANAFEX™ review and final approval.
After becoming a registered member of PANAFEX™, receiving a unique registration number and signed agreement with
PANAFEX™ participants become eligible for all benefits.
There are a number of benefits a partner enjoys, including a new source of liquidity for
instruments traded at PANAFEX™.
There is a special form of partnership available with PANAFEX called - B2B FREE OF CHARGE partnership.
Institutional partners are offered WL (White Label) program. White-labels allow clearing members of the
EXCHANGE to offer trading capability to their institutional and individual clients without taking any risk.
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This program also allows PANAFEX members to avoid unnecessary development expenses and represents a complete
"Turn Key Solution". This licensing arrangement allows members to use PANAFEX software applications with their
own name, brands, logos, links to web pages, etc.
In addition to the WL program PANAFEX™, in some cases also provides the whole software package including:
Client side, Dealer Side, Server side, Back Office/Management to its Registered Members if they want to
become our liquidity providers and manage the risk themselves. This type of partnership requires special
arrangements and corresponding FEES will apply.
The Partnership Agreement
PANAFEX™ membership agreement consists of a membership agreement containing general provisions on
PANAFEX™ partnership and sanctions in case of contract defaulting. The agreements include:
Rules to be observed by partners
Qualification requirements to be met by traders
Disclosure requirements
Redistribution of information
Sanctions in case of breach of contract
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