AQUIS EXCHANGE APPOINTS DAVID BUIK AS CONSULTANT

AQUIS EXCHANGE APPOINTS DAVID BUIK AS CONSULTANT

February 24, 2020

LONDON – 24 February 2020 – Aquis Exchange PLC (AQX.L), the exchange services group, which operates the pan-European cash equities trading business, Aquis Exchange, today announces that renowned business commentator David Buik will join the Company as a Consultant on 2 March 2020. 

David has enjoyed over 50 years working in the City of London and is a well-known market commentator. He started work at Philip Hill Higginson Erlangers in the City of London and later worked for City Index Group, Cantor Fitzgerald and BGC Partners, and most recently Core Spreads. David was appointed Member of the Order of the British Empire (MBE) in the 2016 New Year Honours for services to financial services. 

David is a great supporter of the Company, believing that Aquis’ aim to offer greater liquidity, lower costs and more transparency in equity trading is a worthy cause to champion. 

Commenting on the appointment, Alasdair Haynes, CEO of Aquis Exchange, said: 

“I have known David for many years, and it is excellent to have him on board. There is no-one better placed to bring our message to the City.” 

David Buik added: “I am delighted to be joining Aquis Exchange at this juncture. Anyone who knows me will know of my adoration for the City of London, and I truly believe that Aquis has created an exciting, disruptive new way of trading that will change the way we deal in equities to the benefit of the shareholders.” 

*About Aquis Exchange 

*Aquis Exchange PLC is an exchange services group, which operates a pan-European cash equities trading exchange (Aquis Exchange) and develops and licenses exchange software to third parties (Aquis Technologies). 

Since June 2018, Aquis Exchange PLC (AQX.L) has been listed on the London Stock Exchange’s AIM. It has offices in London and Paris. 

Aquis Exchange is authorised and regulated by the UK Financial Conduct Authority to operate a Multilateral Trading Facility. Aquis MTF operates a lit order book and does not allow aggressive non-client proprietary trading, thus toxicity and signalling risk are lower 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 Technologies is the software and technology division of Aquis Exchange PLC. It creates and licenses cost-effective matching engine and trade surveillance technology for banks, brokers, investment firms and exchanges. 

For more information, please go to: www.aquis.eu and www.aquis.technology 

Belinda Keheyan +44 07768 078110 bkeheyan@aquis.eu 

David Buik +44 07788 144877