Tag: MTFs & ECNs

Aquis Exchange, a London-based multilateral trading facility launched in November last year, is expanding its stock universe to Germany.

European politicians reached agreement on the core rules of MiFID II last night, but industry experts warned there is a lot of work still to be done before the legislative framework is complete.

A new derivatives exchange has teamed up with European trade repository Regis-TR to provide the buy-side with reporting services ahead of a key European market infrastructure regulation deadline.

Concerns about the potential for maker-taker pricing to distort market activity should be widened to consider a broader range of pricing issues, said industry experts following a report by the International Organization of Securities Commissions.

Graham Dick has joined Aquis Exchange to lead the recently launched pan-European equities trading venue’s sales and client relationship management team.

Aquis Exchange, the London-based multilateral trading platform founded by former Chi-X Europe CEO Alasdair Haynes, executed its first equities trades yesterday with no reported systems problems or glitches.

Turquoise, the pan-European multilateral trading facility majority owned by the London Stock Exchange Group (LSEG), has reported a 63% rise in average daily equity value traded on a pan-European basis.

Aquis Exchange has confirmed it will launch on 26 November and announced the initial range of stocks it plans to trade.

BATS Chi-X Europe’s trade reporting service will not suffer the same fate as rival Markit Trade Reporting, which is to be closed next year, due to major differences in its business model.

Aquis Exchange has received regulatory approval from the UK’s Financial Conduct Authority to operate as a multilateral trading facility.