Outrider Hints At Game-Changing Logistics Disruption
Outrider Revolutionizes Logistics with Reinforcement Learning-Driven Path Planning
In a major …
23. December 2024
Aquis Exchange has successfully integrated its dark pool solution with OptimX Markets, enabling brokers subscribed to the Aquis Matching Pool (AMP) to seamlessly direct actionable liquidity opportunities to their institutional clients. This integration is set to revolutionize the trading experience for Aquis members, providing them with a robust and user-friendly platform to execute large blocks.
The partnership between Aquis Exchange and OptimX was formalized in August 2023, when Aquis picked up a minority stake in the latter. As part of this deal, a consortium consisting of Deutsche Boerse Group’s DB1 Ventures also joined forces with Aquis. The strategic investment was widely seen as a complementary move to Aquis’ AMP, which has been instrumental in driving growth for the exchange.
Aquis’ CEO Alasdair Haynes hailed the partnership as “a significant opportunity” for his company, citing its ability to enhance connectivity to Aquis’ successful dark pool while providing clients with access to cutting-edge execution options. By leveraging OptimX’s expertise and capabilities, Aquis members can now efficiently cross large blocks, reducing the risk of over-trading and enabling simultaneous posting of liquidity on multiple venues.
This innovative solution allows users to send an ‘indication of interest’ (IOI), followed by a ‘firm-up invite’ in the event of potential matches – all performed on AMP. By utilizing OptimX’s expertise, Aquis members can now avoid over-trading risks while maintaining the ability to post liquidity simultaneously across multiple venues.
The integration is a significant enhancement to Aquis’ already robust functionality, which includes conditional order functionality launched earlier this year across UK and EU platforms. This groundbreaking solution positions Aquis Exchange as a leading player in the dark trading market, providing institutional clients with unparalleled access to actionable liquidity opportunities.
As the market continues to evolve, Aquis and OptimX’s collaboration is set to play a pivotal role in shaping the future of dark trading, further solidifying their position in the industry.