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.
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.
AQUIS TURNOVER IN NEW CLOSING AUCTION TOTALS 208m EUROS SINCE 13 AUGUST
LONDON (Reuters) - Turnover on Aquis Exchange Plc’s (AQX.L) new end-of-day auction has totaled some 208 million euro ($230.8 million) over the past week, a spokeswoman said, the latest sign that competition in the popular closing auctions in Europe is growing.
AQUIS EXCHANGE TO OFFER SHARE LISTING AFTER STRIKING NEX DEAL
Deal marks a significant step forward for Alasdair Haynes' stock trading venue, which went public a year ago.
Aquis Exchange, the stock trading venue run by City veteran Alasdair Haynes, is moving into equity listings with the acquisition of a market for the UK’s smallest companies.
Aquis said on July 5 that it will pay around £2.7m to buy Nex Exchange, which has 89 companies listed with a total market capitalisation of almost £2bn, from CME Group.
AQUIS COUNTS GROWING CROSS-INDUSTRY PARTICIPATION ON SI CONNECTIVITY HUB
Aquis Market Gateway launched in January 2018 now counts SIs including Jane Street, Citadel Securities and Tower Research Capital as users.
By John Brazier
Aquis Technologies, the technology arm of Aquis Exchange, has announced that it has recorded a substantial increase in the use of its systematic internaliser (SI) connectivity hub during the first part of 2019.