RCS - Aquis Exchange PLC - Market Update

Aquis ExchangeAnnouncement

27/06/2019 18:00

RNS Number : 7323D
Aquis Exchange PLC
27 June 2019
 


27th June 2019
Aquis Exchange PLC (the "Company")

Market Update
The Company notes today's announcement by the Swiss Federal Department of Finance to rescind recognition of EU trading venues for the trading of Swiss securities and, as a result, the Company will not offer trading of Swiss securities on Aquis Exchange from 1st July 2019. The Company continues to trade in line with expectations and is confident in its future outlook.
Enquiries:



Aquis Exchange PLC


Tel: +44 (0) 20 3597 6321




Alasdair Haynes, CEO
Jonathan Clelland, CFO and COO
Belinda Keheyan, Head of Marketing






















Liberum Capital Limited (Nominated Adviser and Broker)


Tel: +44 (0) 20 3100 2000




Clayton Bush
Chris Clarke

Edward Thomas
Kane Collings






















Alma PR (Financial PR Adviser)


Tel: +44 (0)20 3405 0209




Rebecca Sanders-Hewett
Caroline Forde
Susie Hudson


aquis@almapr.co.uk





About Aquis Exchange
Aquis Exchange PLC is an exchange services group, which operates a pan-European cash equities trading business (Aquis Exchange) and develops and licenses exchange software to third parties (Aquis Technologies).
Aquis Exchange PLC (AQX.L) is listed on the Alternative Investment Market of the LSE (AIM) market.
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 and in EU27 respectively. Aquis operates a lit order book and does not allow aggressive non-client proprietary trading, which has resulted in lower toxicity and signalling risk 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 PLC. It creates and licenses cutting-edge, cost-effective matching engine and trade surveillance technology for banks, brokers, investment firms and exchanges.




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