Aquis Exchange reported a record 6.2% monthly market share in pan-European trading in July.
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.
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 most recent has been 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.
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