Source - Alliance News

Aquis Exchange PLC on Monday announced the launch of its European dark trading venue, the Aquis Matching Pool EU.

Aquis is a London-based stock exchange operator and software developer.

The launch of Aquis Matching Pool marks the expansion of Aquis’ dark trading service, which was previously only available in the UK. Dark trading services allow investors to trade financial instruments away from public exposure.

The company anticipates that this will ‘result in increased trading flow, market share and subsequent revenue for the MTF business.’

Additionally, Aquis anticipates the movement of its existing UK dark pool onto its in-house technology on 19 September.

Chief Revenue Officer David Stevens said: ‘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.’

Shares in Aquis were trading 2.3% lower at 435.00 pence each in London on Monday afternoon.

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