Aquis Exchange adds eight countries

Aquis Exchange has expanded it range of markets to 12 with the addition of stocks from eight European countries.

 

Aquis Exchange has expanded it range of markets to 12 with the addition of stocks from eight European countries.

The expansion means Aquis, which launched in November last year, now offers all but two of the markets it intends to target.

The largest 20 names in Belgium, Denmark, Portugal and Switzerland will be available to trade on Aquis from 26 June, as well as 25 Finnish stocks, 40 from Italy, 25 in Norway and shares in 30 Swedish companies.

Aquis has opted to take a phased approach to adding new markets, having gone live offering the 100 largest UK names, 40 from France and 25 Dutch stocks. A further 30 German shares were made available to trade in January 2014.

Only Ireland and Spain remain to be added from its initial target markets.

Alasdair Haynes, CEO of Aquis Exchange, said: “Since our launch late last year we have been steadily increasing volumes and bringing more members on board.

“This expansion of our trading universe is in line with our policy of having a phased approach to growing the Aquis Exchange platform and we are confident that our subscription pricing model will continue to attract more participants.”

Aquis, regulated as a multilateral trading facility by the UK’s Conduct Services Authority, aims to attract market share through a combination of subscription pricing, similar to those used in the telecoms industry, and order type innovation.  

 

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