Aquis Gets Authorisation for EU Operations Ahead of Brexit

Aquis Exchange PLC, the exchange services group, announced this Thursday that its fully-owned subsidiary in France, Aquis Exchange Europe, has secured approval from the relevant authorities to operate a multilateral trading facility (MTF) in the country .
The exchange group, which also operates the , Aquis Exchange in London, has managed to secure this authorisation with the only months away.

Aquis Europe authorisation allows the group to avoid Brexit interruptions
The authorisation of the new company will allow the group to continue its cross-border operations and provide stock trading services to its members across Europe, avoiding any potential disruption as a result of Brexit.
At the moment Britain is facing the real possibility of crashing out of the European Union (EU) at the end of March unless the region can come to an agreement with the bloc that will allow cross-border trading without interruptions.
Specifically, the authorisation was secured from the Autorité de Contrôle Prudentiel et de Résolution (ACPR) and Autorité des Marchés Financiers (AMF). The new company has an office in France’s capital city and it is classed as an investment firm with the authorisation to operate a MTF, the statement said.
The current Head of Sales and Business Development at Aquis Exchange PLC, Graham Dick, will head the firm and will relocate to Paris to take on the role as the Chief Executive Officer (CEO) of the European subsidiary.