Aquis UK members are now able to direct actionable liquidity opportunities to their institutional clients via OptimX Markets.
Specifically, the offering is for brokers subscribed to the Aquis Matching Pool (AMP) order book which can instruct Aquis (through OptimX) to “deliver liquidity opportunities seamlessly within the institutional trader’s workflow”.
Aquis Exchange picked up a minority stake in OptimX back in August 2023 as it looked to expand its block crossing remit.
The deal was completed as part of a consortium which also included Deutsche Boerse Group’s DB1 Ventures.
At the time, the deal was highlighted as particularly complimentary of Aquis’ AMP.
Alasdair Haynes, Aquis’ chief executive officer, said: “The investment in OptimX is a significant opportunity for Aquis, adding additional connectivity to our successful dark pool (the Aquis Matching Pool) and providing clients with the ability to cross large blocks.
“This alongside Aquis’s growing functionality will further enhance the range of execution options available to our members.”
Read more: Aquis launches dark pool into Europe
Earlier this year, Aquis Markets launched conditional order functionality across the UK and EU platforms, wherein members using the functionality send an ‘indication of interest’ (IOI), and are then met with a ‘firm-up invite’ in the event of a potential match – all performed on AMP.
The offering was said to allow users to avoid the risk of over-trading while posting the same liquidity on multiple venues simultaneously.