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.

Both institutions will collaborate on the research and development machine learning project after winning £151,000 of government funding from Innovate UK to enable the knowledge transfer partnership (KTP).

“We are very excited to be working with the University of Derby to develop further our machine learning and artificial intelligence capabilities for surveillance. We firmly believe that this is where the future of surveillance lies and our philosophy at Aquis is to be always at the cutting edge of innovation,” said Alasdair Haynes, CEO of Aquis Exchange.

The role of the University of Derby in the partnership will be to recruit recent graduates with the appropriate skills to work on the project. Aquis said that the contribution from recent graduates would enable it to remain a specialist provider of technology in the finance sector.

“We are delighted to have secured this partnership with Aquis Exchange, and to be supporting the company’s objective of establishing itself as one of the leading suppliers of market trading surveillance,” added Jackie Edwards, knowledge exchange manager at the University of Derby.

“Whether it is developing new products or improving management practices, our task is to identify and recruit graduates with the skills and knowledge to make a real difference to the employers they will work for. As well as bringing that expertise with them, it is also crucial that they embed that knowledge within the organisation they are working with, so it can build on the work that the graduates have carried out during their time with the company.”