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IN BRIEF: Aquis Exchange to ease rules on proprietary trading

12th Sep 2023 13:53

Aquis Exchange PLC - London-based financial markets operator, including pan-European equities trading platform Aquis Markets and UK growth-company market Aquis Stock Exchange - Plans in October to change the proprietary trading rule for the UK and EU trading platforms in its Aquis Markets division. Since 2015, Aquis has banned aggressive non-client proprietary trading. This was aimed at reducing market impact and signalling risk from such activity. However, in response to member firm requests, Acquis says it now will allow liquidity providers the option to interact with aggressive non-client proprietary trading if they want to do so.

Current stock price: 365.00 pence, untraded on AIM on Tuesday

12-month change: down 14%

By Tom Waite, Alliance News editor

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


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