RCS - Aquis Exchange PLC - Launch of new EU dark pool, Aquis Matching Pool

Aquis ExchangeAnnouncement

05/09/2022 12:00

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RNS Number : 2809Y  Aquis Exchange PLC  05 September 2022

5 September 2022

RNS Reach

Aquis Exchange PLC

("Aquis" or the "Group")

Aquis Exchange launches new EU dark pool, Aquis Matching Pool (AMP)

 

Aquis Exchange, the pan-European large and mid-cap equities trading arm of
Aquis Exchange PLC, is pleased to announce the launch of its European dark
trading venue, the Aquis Matching Pool ("AMP") EU.

This marks the expansion of Aquis Exchange's dark trading service, which was
previously only available as a UK venue, and complements its existing suite of
cost-effective, low market-impact order books and trading services. It is
anticipated that this will result in increased trading flow, market share and
subsequent revenue for the MTF business.

Furthermore, Aquis Exchange anticipates completion of the migration of its
existing UK dark pool ("UK AMP") onto its in-house technology on 19 September
2022.

As previously announced, the UK AMP was assumed by the Group from UBS in April
2022 via a seamless shift in ownership, with no disruption to existing
services.

David Stevens, Chief Revenue Officer, said: "We are very excited about the
launch of AMP. Aquis has built its reputation on being innovative and agile,
creating a highly differentiated offering for displayed trading and our aim is
to bring these characteristics to dark trading.

Dark trading continues to grow in Europe and we intend for Aquis to be an
important player in this market. The launch of EU AMP therefore represents an
important milestone for Aquis as we continue to grow our presence in this
space."

______________________

 

Enquiries:

 Aquis Exchange PLC                                            Tel: +44 (0) 20 3597 6321

 Alasdair Haynes, CEO

 Richard Fisher, CFO

 Andrea Lee

 VSA Capital Limited (AQSE Corporate Adviser)                  Tel: +44(0)20 3005 5000

 Andrew Raca

 Pascal Wiese

 Alma PR (Financial PR Adviser)                                Tel: +44 (0) 20 3405 0209

 Caroline Forde

 Kieran Breheny

 Lily Soares Smith

 Pippa Crabtree

 Liberum Capital Limited (Nominated Adviser and Joint Broker)  Tel: +44 (0) 20 3100 2000

 Chris Clarke

 Clayton Bush

 Edward Thomas

 Kane Collings

 Canaccord Genuity Limited (Joint Broker)                      Tel: +44 (0) 20 7523 8000

 Bobbie Hilliam

 Patrick Dolaghan

 

 

Aquis Exchange PLC and its subsidiaries are an exchange services group, which
operate a pan-European cash equities trading businesses (Aquis Exchange), a
growth and regulated primary market (Aquis Stock Exchange/AQSE) and
develop/license exchange software to third parties (Aquis Technologies).

Aquis Exchange is authorised and regulated by the UK Financial Conduct
Authority and France's Autorité des Marchés Financiers to operate
Multilateral Trading Facility businesses in the UK/Switzerland and in EU27
respectively. Aquis Exchange operates lit and dark order books, covering 16
European markets. For its lit books, Aquis Exchange 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 and does not allow aggressive non-client proprietary trading, which has
resulted in lower market impact and signalling risk on Aquis Exchange than
other trading venues in Europe.

Aquis Exchange PLC is quoted on the Aquis Stock Exchange and on the
Alternative Investment Market of the LSE (AIM) market. For more information,
please go to www.aquis.eu (http://www.aquis.eu/) .

 

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