Last checked at 13 May 2021 07:00
13 May 2021
Aquis Exchange PLC
("Aquis" or the "Company")
New senior management appointments
Strengthening the management team for future growth
Aquis Exchange PLC (AQX.L), the exchange services company, has made a series of management changes to better reflect its post-Brexit structure, as well as its future growth and expansion plans for both its London and Paris offices.
David Stevens joined Aquis this month in the newly-created role of Chief Revenue Officer. David, who will be based in London, will oversee the sales and client servicing activities across all geographies and across a number of Aquis' revenue streams - Aquis Exchange, Aquis Stock Exchange and data. Prior to joining Aquis, David was CEO of foreign exchange broker Global Reach Group. Previous roles also include senior positions at Investment Technology Group, JP Morgan and Goldman Sachs.
Graham Dick, who currently holds the role of Head of Sales for the Company as well as CEO of Aquis Exchange Europe, is retiring. He will, however, remain as a consultant to the Company. Jonathan Clelland, the Company's Chief Financial Officer and Chief Operating Officer will be moving to Paris in the summer and will take on the additional role of Chief Executive Officer of Aquis Exchange Europe, subject to regulatory approval from the French authorities. Jonathan is a fluent French speaker and previously worked in France. Jonathan will continue in his other roles.
In the finance department, Richard Fisher joined Aquis as Director of Finance earlier in the year and is based in London. Prior to joining Aquis, Richard was Director of Finance at Redwood Bank and other previous roles include Chief Accountant at RBS Group. Richard's appointment follows that of CTO Viet Lee's arrival in 2020.
Alasdair Haynes, Chief Executive Officer of Aquis, commented:
"As Aquis continues to grow and we adapt to the post-Brexit landscape, we have decided to further strengthen both the team overall and, in particular, to increase our presence in Paris by basing the Company CFO/COO in France rather than the UK.
I want to thank Graham for his huge contribution to Aquis over the last 7 years and I am very grateful that he has agreed to stay on as a consultant to the Company. His knowledge of markets is vast and, I believe, he has still much to give our community.
Lastly, I want to welcome Richard and David onboard. I have worked with David in the past and I know he will be a great asset to the management team as Aquis continues to expand. I believe we now have the right group of people in place to drive the business to the next level."
- Ends -
Enquiries:
Aquis Exchange PLC | Tel: +44 (0) 20 3597 6321 |
Alasdair Haynes, CEO | |
Jonathan Clelland, CFO and COO | |
Belinda Keheyan, Head of Marketing | +44 (0) 7768 078 110 |
Liberum Capital Limited (Nominated Adviser and Joint Broker) | Tel: +44 (0) 20 3100 2000 |
Clayton Bush | |
Chris Clarke | |
Edward Thomas | |
Kane Collings | |
Canaccord Genuity Limited (Joint Broker) | Tel: +44 (0) 20 7523 8000 |
Emma Gabriel (Corporate Broking) Jeremy Grime (Specialist Sales) | |
Alma PR (Financial PR Adviser) | Tel: +44 (0)20 3405 0209 |
Susie Hudson | aquis@almapr.co.uk |
Kieran Breheny Faye Calow |
Notes to editors:
Aquis Exchange PLC is an exchange services group, which operates pan-European cash equities trading businesses (Aquis Exchange), growth and regulated primary markets (Aquis Stock Exchange/AQSE) and develops/licenses exchange software to third parties (Aquis Technologies).
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 Stock Exchange (AQSE) is a stock market providing primary and secondary markets for equity and debt products. It is authorised as a Recognised Investment Exchange, which allows it to operate a regulated listings venue. The AQSE Growth Market is divided into two segments 'Access' and 'Apex', with different levels of admission criteria. The Access market focuses on earlier stage growth companies, while Apex is the intended market for larger, more established businesses.
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.
Aquis Exchange PLC (AQX.L) is listed on the Alternative Investment Market of the LSE (AIM) market. For more information, please go to www.aquis.eu