Last checked at 27 Jun 2019 17:57
27th June 2019
Aquis Exchange PLC (the "Company")Market Update
The Company notes today's announcement by the Swiss Federal Department of Finance to rescind recognition of EU trading venues for the trading of Swiss securities and, as a result, the Company will not offer trading of Swiss securities on Aquis Exchange from 1st July 2019. The Company continues to trade in line with expectations and is confident in its future outlook.
Enquiries:
Aquis Exchange PLC | Tel: +44 (0) 20 3597 6321 |
Alasdair Haynes, CEOJonathan Clelland, CFO and COO Belinda Keheyan, Head of Marketing | |
Liberum Capital Limited (Nominated Adviser and Broker) | Tel: +44 (0) 20 3100 2000 |
Clayton BushChris ClarkeEdward ThomasKane Collings | |
Alma PR (Financial PR Adviser) | Tel: +44 (0)20 3405 0209 |
Rebecca Sanders-HewettCaroline FordeSusie Hudson | aquis@almapr.co.uk |
About Aquis Exchange
Aquis Exchange PLC is an exchange services group, which operates a pan-European cash equities trading business (Aquis Exchange) and develops and licenses exchange software to third parties (Aquis Technologies).
Aquis Exchange PLC (AQX.L) is listed on the Alternative Investment Market of the LSE (AIM) market.
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 and in EU27 respectively. Aquis operates a lit order book and does not allow aggressive non-client proprietary trading, which has resulted in lower toxicity 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 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.