SIX closes Aquis acquisition
0
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
This positions SIX as the only exchange group providing listing venues in all major European financial centers, including Switzerland, the EU, and the UK.
Together, the two businesses will unlock new revenue streams by offering a seamless trading experience across multiple venues.
'The acquisition of Aquis marks a significant milestone in the evolution of SIX as a pan-European leader,' said Bjørn Sibbern, CEO SIX. 'With Aquis, we gain not only access to new markets but also the technology and expertise needed to drive innovation at scale. We aim to offer our clients a unified experience with 'One Plug, Multiple Trading Venues' – a single connection providing access to Switzerland, Spain, and the UK –, ensuring more liquidity, better market access, and innovative trading solutions.'
David Stevens, CEO Aquis, added: 'Joining SIX is an exciting opportunity for Aquis and our clients. Aquis has achieved great momentum in our mission to challenge across European capital markets, and we will be able to go further, faster, and stronger as part of SIX. We will continue to innovate in trading, to deploy cutting-edge technology, and to provide a tailored listings environment for the UK's
high-growth smaller companies, while further benefiting from the strength of the European reach and infrastructure of SIX. Together, we are uniquely positioned to shape the future of the European exchange landscape.'
Tomas Kindler, Global Head Exchanges SIX: 'Aquis is a key strategic building block for us to become a truly pan-European exchange, listing venue for growth companies, and trading technology provider. I'm excited about the opportunities we will pursue together.'
Aquis will continue to operate under its established brand, with its existing management team and business model, preserving its agile execution capabilities. This acquisition sets the stage for SIX to deploy Aquis' next-generation technology as a nucleus for capital markets innovation. SIX works closely with the relevant regulatory authorities to obtain the necessary approvals, ensuring that all required authorizations are in place for further enhancing the trading experience for clients across Europe.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Reuters
9 minutes ago
- Reuters
Core Scientific's shareholders balk at terms of CoreWeave merger offer, FT reports
Aug 5 (Reuters) - CoreWeave's (CRWV.O), opens new tab proposed $9 billion acquisition of data centre landlord Core Scientific (CORZ.O), opens new tab is facing potential revolt, as some top shareholders of the target firm argue the deal may leave them short-changed, the Financial Times reported. Some major Core Scientific shareholders plan to vote against the deal unless the terms are revised in the coming weeks, the report said on Tuesday, citing people familiar with the matter. Reuters could not immediately verify the report. CoreWeave and Core Scientific did not immediately respond to Reuters request for a comment outside regular business hours. The shareholder vote for Core Scientific has not yet been scheduled but is expected to take place sometime this autumn, the report said. The all-stock deal, valued at about $9 billion and announced last month, highlights the race among AI infrastructure firms to secure the energy and data center capacity required to meet surging demand. CoreWeave, which provides access to data centers and Nvidia-powered AI chips, initially submitted an unsolicited, non-binding takeover offer to Core Scientific in June 2024. However, the company rejected the offer, citing that its business was significantly undervalued.


Reuters
9 minutes ago
- Reuters
Morning bid: Bad news is good news for markets craving Fed 'rocket fuel'
A look at the day ahead in European and global markets from Rocky Swift Markets are trying hard to see the bright side of bad news in the United States, anticipating dour data will trigger the economic "rocket fuel" of Federal Reserve interest rate cuts so craved by President Donald Trump. Odds for a September cut now stand at about 94%, CME Fedwatch showed, from 63% last week. Market participants see at least two quarter-point cuts by year-end. The odds shot up after disappointing non-farm payrolls data on Friday, causing equity markets to swoon and Trump to shoot the messenger, firing the head of labour statistics and promising to replace her within days. Institutional independence is turning into a short bet in the U.S. The early resignation of Fed Governor Adriana Kugler will let Trump pick her successor, adding to concerns about partisan loyalty invading the staid world of central bank policy. Asian markets followed gains on Wall Street, with MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS), opens new tab up 0.4%. South Korea's Kospi (.KS11), opens new tab stood out with a 1% jump, while Vietnamese shares traded near a record high. Data today from the region's two biggest economies showed resilience in their service sectors in the face of headwind from Trump's chaotic introduction of tariffs on goods from trading partners. In Japan, the S&P Global final services purchasing managers' index (PMI) climbed to 53.6 in July from 51.7 in June for the strongest expansion since February. China's services activity last month expanded at its fastest pace in more than a year. A slew of PMIs for July are due for release today across Europe. In earnings, the second-quarter U.S. results season is winding down, but investors are still looking forward to reports this week from big names including Walt Disney (DIS.N), opens new tab and Caterpillar (CAT.N), opens new tab. Equity futures are pointing to gains in European and U.S. markets, with the pan-region Euro Stoxx 50 futures up 0.13% and the S&P 500 e-minis rising 0.14%. Key developments that could influence markets on Tuesday: Trying to keep up with the latest tariff news? Our new daily news digest offers a rundown of the top market-moving headlines impacting global trade. Sign up for Tariff Watch here.


Reuters
9 minutes ago
- Reuters
UK new car sales fall 5% in July, SMMT data shows
Aug 5 (Reuters) - British new car registrations fell about 5% year-on-year in July, according to preliminary data released on Tuesday by the Society of Motor Manufacturers and Traders (SMMT). Battery electric vehicles are now projected to account for 23.8% of new registrations in 2025, slightly up from SMMT's previous forecast of 23.5%. The final figures for July will be published at 0800 GMT.