Aquis Exchange and Aquis Technologies
Aquis Exchange Limited is an exchange services group, which operates a pan-European cash equities trading exchange (Aquis Exchange) and develops and licenses exchange software to third parties (Aquis Technologies).
Aquis Exchange is authorised and regulated by the UK Financial Conduct Authority to operate a Multilateral Trading Facility. Aquis MTF operates a lit order book and does not allow aggressive non-client proprietary trading, thus toxicity and signalling risk is lower on Aquis than other trading venues in Europe. According to independent studies, trades on Aquis are less likely to lead to price movement than on other lit markets. Aquis uses a subscription pricing model which works by charging users according to the message traffic they generate, rather than a percentage of the value of each stock that they trade.
Aquis Technologies is the software and technology division of Aquis Exchange Limited. It creates and licenses cost-effective matching engine and market surveillance technology for banks, brokers, investment firms and exchanges.
The Company is led by former Chi-X Europe chief executive Alasdair Haynes (see interview below).
9 October, 2017: CEO Secrets: How to take on the global stock exchanges
Aquis is an electronic trading floor that has taken on giants such as the London Stock Exchange. Its founder, Alasdair Haynes, says it provides stockbrokers with a cheaper service. But he found out that price alone was not enough to persuade them to switch