LONDON, UK: Aquis Exchange, the pan-European large and mid-cap equities trading arm of Aquis Exchange PLC, announced 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.”
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