Aquis Exchange relaxes eight-year ban on proprietary trading firms
Exchange is set to allow access for more aggressive proprietary trading firms, but member firms will be able to opt out of interacting with them should they wish to do so.
Exchange is set to allow access for more aggressive proprietary trading firms, but member firms will be able to opt out of interacting with them should they wish to do so.
Aquis Exchange and MarketAxess announced deals to acquire equities block trading start-up OptimX and algorithmic trading provider Pragma, respectively.
With growing technological advancements and potential regulatory changes, Wesley Bray explores whether the equities market is moving towards around-the-clock trading, the benefits it could provide and whether there is demand for it at all.
The past week saw appointments from SIX Swiss Exchange, Outset Global, Aquis Exchange and Trading Technologies.
Appointments collectively have over two decades of experience at the exchange; previously served at Instinet, AKJ, Curzon Securities, Liquidnet, and Chi-X Europe, The TRADE can reveal.
Functionality is expected to go live on Monday 5 June and comes alongside enhancements to its Auction on Demand (AoD) service.
New offering will not require downtime, allowing exchanges to experience continuous operation with no need for shutdown for software upgrades, infrastructure changes or capacity increases.
Alasdair Haynes, chief executive of Aquis Exchange, discusses strong performance figures from last year, diversification, and milestones achieved in dark trading.
The TRADE catches up with Sakeena Lalljee, director, business development at Aquis Exchange, to discuss the exchange’s move into dark trading, the fragmented nature of European markets and efforts to diversify and attract market participants.
Outsourced trading, liquidity challenges, increased buy-side competition and retail participation are subjects high on our experts’ agenda in this review.