Currently, over 90% of European equity trading in each individual country takes place on two exchanges. Aquis Exchange, established in October 2012, has set out to revolutionise the European trading landscape and increase competition in the market by introducing tiered subscription-based pricing and innovative order types on its high performance trading platform. Aquis Exchange plans to offer equities from several markets for trading, including France, Germany, Italy, Netherlands, Sweden, and the UK.
Aquis Exchange called on Interxion to back-up its current operation, also located in London; a move which will enable the company to tap into Interxion’s thriving financial community consisting of over 100 capital markets participants including investment firms, high-frequency trading firms, hedge funds, brokers and bankers. The London campus provides the proximity hosting services and sub-millisecond latency that are critical for handling billions of financial transactions every day.
Commenting on the agreement, Aquis Exchange CEO Alasdair Haynes said: “We are pleased to announce that our secondary data centre is at Interxion’s London campus, which has a long and established heritage of providing colocation services to the financial industry. We are looking forward to the prospect of being able to deliver our services to their ever-expanding financial community.”
Doug Loewe, UK Managing Director, Interxion, “This announcement is further evidence of the strength of our London financial community and we are delighted that Aquis Exchange has chosen to locate at our London campus. This will be a perfect addition to the platforms we currently have and it reinforces our already strong play in equities trading, and highlights our position as a leading supplier of data centre services to the capital markets industry.”