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.
Deployment of Exegy’s Axiom consolidated feed will provide market data from European venues for use in Aquis’ internal matching engines on its UK and EU venues.
Learn more about the five firms shortlisted for our Editors’ Choice Award for Outstanding Equities Trading Venue this year: including Aquis Exchange, Cboe Europe, Euronext, Nasdaq European Markets and Turquoise.
The launch of its new EU dark pool follows its move to absorb UBS’ UK-based MTF business in April.
The electronic market maker will provide liquidity in pan-European shares on the exchange.
Once the transfer of the non-displayed matching pool is complete the venue will be known as Aquis Matching Pool.
Following the European Commission’s recent changes to the MiFID II regulation, Annabel Smith takes a look at the UK and Europe’s opposing approaches to dark trading and market transparency post-Brexit and the potential for a fragmented liquidity landscape.
The market has seen numerous major participants and exchange operators commit to their cloud migration in the last few months and these participants predict this trend will continue into next year.
The Aquis Exchange MTF venue for UK and Swiss large caps achieved a record 6.2% monthly market share in pan-European trading in July.