AQUIS EXCHANGE APPOINTS NIKI BEATTIE AS CHAIR
March 25, 2013
LONDON – 25 March 2013 – Aquis Exchange Limited, the proposed pan-European stock exchange, has appointed Ms Niki Beattie as its independent non-executive Chairman, effective immediately.
Aquis Exchange, which has applied for regulatory approval from the UK FSA, was established in October 2012 and has been created to develop exchange software and operate a pan-European equities trading exchange. Aquis Exchange is set to revolutionise the European trading landscape through its introduction of fixed monthly subscription pricing model. Currently, over 90% of European equity trading in each individual country takes place on just two exchanges and the aim of Aquis Exchange is to bring fresh competition into the marketplace and to lower the trading costs maintained by the existing duopoly.