Aquis Exchange is aiming to kickstart the market for smaller companies in London by handing stakes in the specialist trading venue to the brokers that use it most.
The plan is designed to reboot the AQSE market aimed at companies wanting to go public but which are too small for a listing on the far bigger and higher-profile Aim market.
From January, market makers for the large-cap segment of the Aquis Stock Exchange growth market can earn stakes in the market operator for offering tighter spreads.
Aquis Stock Exchange (AQSE) has launched an incentive scheme to award top performing market makers with equity in a bid to narrow spreads and boost liquidity on its market growth stocks.
By Huw Jones
If Haynes achieves his ambitions for the group, then shareholders in Aquis will be big gainers, writes Mark Watson-Mitchell.
In late September this £120m group announced that it had made its first profit since it was established way back in 2012 – some companies do take a long time to come good, especially in the ‘fintech sector’.
And this one, I feel, will certainly come ‘very good’ in the next couple of years.
Deidre Somers joins Aquis Exchange as an independent non-executive director with 23 years of stock exchange experience in primary and secondary markets.
European subscription-based equities platform Aquis Exchange has appointed the former chief executive of Euronext Dublin and BlackRock board member to its board as an independent non-executive director.
After reporting increases in revenues and market share in pan-European trading, the first half of 2020 marks the first profitable period for Aquis Exchange.
European subscription-based equities exchange Aquis Exchange has recorded its first period of profitability since its launch in 2013, following a 42% increase in revenue in the first half of 2020.
In partnership with the University of Derby, Aquis Exchange will look to become a specialist supplier market trading surveillance technology.
European subscription-based equities exchange Aquis has confirmed it will work alongside the University of Derby to investigate the use of machine learning for market surveillance and to monitor trading activity.
