Tuesday November 5 2013
News Source: Global Exchanges
Focus: General - Global Exchanges
Type: General
Country: European Union
Link: http://www.aquis.eu/sites/default/files/uploads/press-releases/FCA.pdf
Aquis Exchange, the proposed pan-European trading exchange, has received approval from the UK’s Financial Conduct Authority (FCA) to begin trading as a multilateral trading facility (MTF).
Aquis Exchange was established in October 2012 and is set to revolutionise the European trading landscape by its introduction of subscription pricing and innovative order types. Aquis Exchange’s subscription pricing works on a similar model to that of the telecoms industry and is designed to encourage participation from all categories of professional trading firm.
A launch date will be announced after 9th November 2013.
Click on the above link for more details.