Aquis Exchange achieves record market share

August 2, 2021

 

Aquis Exchange PLC

("Aquis" or the "Company")

Aquis Exchange PLC (AQX.L), the exchange services group, is pleased to announce that its core Aquis Exchange division (the secondary market multilateral trading facility/"MTF" businesses for European, UK and Swiss large caps) achieved a monthly market share of pan-European trading of 6.2% in July 2021, a new record for the business.

Aquis Exchange’s UK and France-based MTFs offer Members the ability to trade in excess of 1,700 predominantly large cap stocks across 15 European markets.

Aquis Exchange operates lit order books, Auction on Demand trading and a Market at Close service. According to independent studies, trades on Aquis Exchange are less likely to lead to price movement than on other lit markets. Aquis Exchange uses a subscription pricing model which works by charging users according to the message traffic they generate, rather than a percentage of the value of each stock that they trade.

Alasdair Haynes, CEO of Aquis Exchange, commented:

“I am delighted that Aquis Exchange has achieved another key milestone in market share across a month of trading. Against the backdrop of Covid-19 uncertainty, I am particularly encouraged by this step-up in Aquis Exchange’s market share. I believe it illustrates how we are consistently building momentum and establishing Aquis Exchange as an increasingly major European player.”

Since Aquis Exchange commenced trading, in November 2013, it has consistently increased its market share of UK/Swiss and EU secondary markets trading.

Enquiries:

Aquis Exchange PLC via

Alma PR (Financial PR Adviser)

Tel: +44 (0)20 3405 0209

Susie Hudson

aquis@almapr.co.uk

Kieran Breheny

 

Faye Calow

 
   

Liberum Capital Limited (Nominated Adviser and Joint Broker)

Tel: +44 (0) 20 3100 2000

Chris Clarke

Clayton Bush

Edward Thomas

Kane Collings

Canaccord Genuity Limited (Joint Broker)

Tel: +44 (0) 20 7523 8000

Emma Gabriel (Corporate Broking)

Jeremy Grime (Specialist Sales)

 

 

Notes to Editors

About Aquis Exchange PLC

Aquis Exchange PLC is an exchange services group, which operates pan-European cash equities trading businesses (Aquis Exchange), growth and regulated primary markets (Aquis Stock Exchange/AQSE) and develops/licenses exchange software to third parties (Aquis Technologies).

Aquis Exchange is authorised and regulated by the UK Financial Conduct Authority and France's Autorité des Marchés Financiers to operate Multilateral Trading Facility businesses in the UK/Switzerland and in EU27 respectively. Aquis operates lit order books and does not allow aggressive non-client proprietary trading, which has resulted in lower market impact and signalling risk on Aquis than other trading venues in Europe. According to independent studies, trades on Aquis are less likely to lead to price movement than on other lit markets. Aquis uses a subscription pricing model which works by charging users according to the message traffic they generate, rather than a percentage of the value of each stock that they trade.

Aquis Stock Exchange (AQSE) is a stock market providing primary and secondary markets for equity and debt products. It is authorised as a Recognised Investment Exchange, which allows it to operate a regulated listings venue. The AQSE Growth Market is divided into two segments 'Access' and 'Apex', with different levels of admission criteria. The Access market focuses on earlier stage growth companies, while Apex is the intended market for larger, more established businesses.

Aquis Technologies is the software and technology division of Aquis Exchange PLC. It creates and licenses cutting-edge, cost-effective matching engine and trade surveillance technology for banks, brokers, investment firms and exchanges.

Aquis Exchange PLC (AQX.L) is listed on the Alternative Investment Market of the LSE (AIM) market. For more information, please go to www.aquis.eu