German stocks to be traded on Aquis

Aquis Exchange, a London-based multilateral trading facility launched in November last year, is expanding its stock universe to Germany.

Aquis Exchange, a London-based multilateral trading facility (MTF) launched in November last year, is expanding its stock universe to Germany.

The move will see the 30 largest Germany stocks available to trade on the subscription-based exchange from Wednesday 22 January.

When Aquis went live late last year, it offered trading in the most popular UK, French and Dutch stocks, though said it hoped to broaden its offering to other European countries this year.

Currently, the 100 largest UK stocks, 40 leading French stocks and 25 biggest Dutch stocks are traded on the MTF.

Aquis CEO, Alasdair Haynes, said: “After securing regulatory approval in November last year, we decided that a phased launch was the best way forward for us and the addition of the German blue-chips is in line with this strategy.”

The exchange outlined its ambitious expansion plan, saying it is aiming to add an additional 10 markets in the near future.

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