SPX: SCOTEX Primary Market
SPX is where primary share issuance will take place and will be the “home” exchange of companies issuing primary shares. Primary share issuance is the listing of shares by companies to raise capital e.g. via an initial public offering or a rights issue.
SGX: SCOTEX Global Market
SX2 is where the SCOTEX members can buy and sell the shares of UK Official List companies as well as shares on other major global markets. It will allow members to swap crypto holdings for shares without first having to convert to cash. SGX is not a secondary exchange and not a MTF.
SCX: SCOTEX Crypto Exchange
SCX will be a marketplace for the trading of cryptocurrency instruments. It is planned that SCX will support the following crypto currencies:
SDX: SCOTEX Crypto Dark Exchange
SDX will be a decentralised open-source dark pool protocol facilitating swaps between cryptocurrency pairs across the Bitcoin and Ethereum blockchains. Trades are placed on a hidden order book and are matched through an engine built on a multi-party computation protocol. This provides order execution without exposing market sensitive information such as price and volume at a certain position.
SCOTEX also expects to introduce a facility called University Private Accelerator (SUA) which will facilitate the raising of capital by spin-out companies from Scottish Universities.