Aquis adds Czech and Hungarian stocks to exchange

Aquis Exchange PLC, the exchange service group, will be adding Czech and Hungarian blue-chip stocks to trading on its pan European MTF, the Aquis Exchange.

AroAlasdair Haynesund 300 additional stocks are expected to be made available for trading on its UK and European platforms during the second quarter of 2022.

That will include, according to a statement, “the 13 largest, most liquid, Czech and Hungarian stocks.”

“The expansion of the Aquis Exchange trading universe by the addition of Czech and Hungarian stocks brings the total number of markets covered by the exchange to 17,” the statement said.

“Our policy has always been to add new markets to our platform as and when there is demand. Member appetite for investing in Czech and Hungarian blue-chip stocks is growing and we are responding to this trend,” said chief executive Alasdair Haynes.

Aquis Exchange operates a subscription-based pricing model which charges users according to the message traffic they generate as opposed to charging them based on a percentage of the value of each stock that they trade.

Since its launch 2013, the exchange said it has consistently increased its market share of UK/Swiss and EU secondary markets trading.

As with many other UK based trading venues, Aquis Exchange had to open a European counterparty after Brexit and the lack of an equivalence decision for share trading at the end of last year.

The exchange has launched several initiatives in the last year in a bid to maintain a competitive edge in the UK and European markets,

This includes its own equivalence deal between Aquis Stock Exchange (AQSE), the primary and secondary trading business of exchange service group Aquis Exchange and the Frankfurt Stock Exchange’s Open Market.

This means companies with a quotation on AQSE can seek a dual quotation on the Frankfurt Stock Exchange and vice versa.

©Markets Media Europe 2022

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