Trading

Upstart exchange eyes boost from Mifid II

Aquis Exchange’s founder boasts of its superior liquidity and model, yet its market share remains miniscule

Alasdair Haynes
Alasdair Haynes Photo: company photograph

When Aquis Exchange got off the ground in November 2013, chief executive and founder Alasdair Haynes had no idea how tough it would be to grab a meaningful share of a market dominated by a few established players, including Bats Europe and the London Stock Exchange.

Four years later, Aquis has failed to capture the 5-10% of European share trading it needs to be considered a real force.

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