Time is right for a stock market rival

 

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Subscription-based Aquis Exchange enters first period of profitability since launch

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.

By Annabel Smith

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.

Aquis Exchange explores machine learning to monitor trading with University of Derby

In partnership with the University of Derby, Aquis Exchange will look to become a specialist supplier market trading surveillance technology.

By Annabel Smith

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.

London South-East interviews Alasdair Haynes

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Aquis Exchange explores machine learning to monitor trading with University of Derby

In partnership with the University of Derby, Aquis Exchange will look to become a specialist supplier market trading surveillance technology.

By Annabel Smith

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.

Success Of Closing Auction Order Type Boosts Aquis

By Shanny Basar

UPDATE TO RESULTS ANNOUNCEMENT DATE

Aquis Exchange PLC

("Aquis", the "Company" or the "Group")

Update to Results Announcement Date

Aquis Exchange PLC (AIM: AQX), the exchange services group, announces that it intends to follow guidance from the FRC that all listed companies delay publishing corporate reports, including final audited financial statements, except where necessary to meet a legal or regulatory requirement.

Aquis Exchange Aims to Disrupt Growth Markets

Alasdair Haynes, chief executive of Aquis Exchange, said the subscription-based exchange group wants to become the growth market for Europe. This week Aquis Exchange started trading 36 of the largest Irish blue-chip stocks taking the number of markets within the subscription package to 14.

Haynes told Markets Media: "These are important stocks and shows the progress of our subscription model."

Aquis said that it had completed coverage of Western Europe. Haynes added that the exchange may add central and eastern European stocks if there if there is customer demand.

Aquis moves closer to profitability ahead of battle for IPOs

Aquis Exchange, the stock-trading venue founded by City veteran Alasdair Haynes, moved closer to profitability in the first half of 2019 ahead of its plan to start competing for company listings.

Revenues rose by more than 160% year on year to £3.4m over the period, helping Aquis to narrow its net losses from £3.2m to £621,000, according to a September 17 statement.

Aquis Exchange posts rise in revenues and market share - City AM

Revenues jumped 165 per cent to £3.4m in the 12 months to the end of June 2019.

The firm’s market share reached 4.8 per cent in the second quarter of this year, rising from 3.8 per cent in the final three months of 2018.

Losses on earnings before interest, tax, depreciation and amortisation (Ebitda) narrowed year-on-year from £1.6m to £0.16m.

Earlier this summer Aquis snapped up Nex Exchange for a nominal £1, in additional to roughly £2.7m to cover working capital levels, as part of a move to disrupt Europe’s IPO market.

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