TIDMAQX
Aquis Exchange PLC
27 May 2021
RNS Reach
27 May 2021
Aquis Exchange PLC
("Aquis" or the "Company")
AQSE expands research for its top-tier stocks
AQSE adds quantitative research by Fregnan for Apex stocks and
enters partnership with Research Tree to provide portal for
existing fundamental research on Apex stocks
Aquis Exchange PLC (AQX.L), the exchange services group, is
pleased to announce that its equities listing division Aquis Stock
Exchange (AQSE) has entered into arrangements with Fregnan Ltd and
Research Tree Ltd. to produce and publish research on AQSE's
top-tier Apex stocks.
AQSE recognises that research is a very important component of
the decision-making process around the purchase and sale of stocks.
In recent years, research has been declining, particularly in small
and mid-cap stocks. At the time of its acquisition of AQSE, Aquis
stated that one of its aims for the new business was to address
this lack of research. Today's announcement is a great step forward
in the fulfilment of that undertaking, as every Apex stock will now
have quantitative research, provided by Fregnan, available for free
on it through the AQSE website. In addition, any existing
fundamental research on Apex stocks will also be available through
the new, dedicated, Research Tree portal.
Fregnan produces high quality, unbiased financial analysis and
models through automation at scale. It uses advances machine
learning and artificial intelligence to bring unique insights that
traditional techniques do not uncover. Research Tree is an
independent company, which provides investors with up-to-date and
historical professional equity research and stock reports from a
variety of brokers and research houses.
Since Aquis acquired AQSE (previously known as NEX Exchange Ltd
and owned by CME Inc.) in March 2020, a major transformation of the
business has been underway. At the time of the acquisition, Aquis
said it would look to make three major changes to the business:
increase institutional and retail investment into AQSE, raise
standards and boost liquidity. In the last year, it has introduced
segmentation by dividing the Growth Market into the Apex and Access
sections and raised standards by introducing its Growth Prospectus
for Apex stocks and compelling companies to sign up to a reputable
corporate governance code. It has also introduced a short selling
ban to protect businesses and long-term investors, as well as a
market-maker scheme that has narrowed spreads and increased
liquidity. Further, the Company has installed its proprietary
state-of-art technology and is working with the top on-line private
client brokers to improve their electronic connectivity to
AQSE.
Commenting on the deal, Aquis Exchange CEO Alasdair Haynes
said:
"The plans we are unveiling today for expanding the research
provided on AQSE-quoted stocks fulfils yet another of the promises
we made when we bought this business and takes us further along the
journey of making AQSE into the most appropriate and best home for
growth companies. We look forward to a long and fruitful
collaboration with both Fregnan and Research Tree."
Fregnan CEO and co-Founder, Vince Julier, added:
"This collaboration highlights the power of bringing together
two technologically-driven companies to transform the process of
valuing a company and generating new insights to the benefit of
market participants. We are thrilled that our collaboration with
AQSE, with their focus on growth companies, further highlights the
critical role that the technology, particularly advanced machine
learning and artificial intelligence, is now playing in investment
analysis, research or stock selection."
Research Tree's CEO and co-Founder, Rob Mundy, said:
"We are delighted to announce our partnership with AQSE. This
agreement is welcome recognition that our current offering and
future product pipeline adds good value to all stakeholders. At
Research Tree our primary focus is to help markets operate more
efficiently by better connecting investors, quoted companies,
research providers and stock exchanges. Our growing provision of
research, events and infrastructure therefore aligns perfectly with
AQSE and its exciting future plans."
For more information please contact:
Aquis Exchange PLC Tel: +44 (0)7768 078 110
Belinda Keheyan, Head of Marketing
Research Tree Limited
Robert Mundy robert.mundy@research-tree.com
Fregnan Limited Tel: +44 (0)7768 142 728
Vincent Julier
Liberum Capital Limited (Nominated Adviser Tel: +44 (0) 20 3100 2000
and Joint Broker)
Chris Clarke
Clayton Bush
Edward Thomas
Kane Collings
Canaccord Genuity Limited (Joint Broker) Tel: +44 (0) 20 7523 8000
Emma Gabriel (Corporate Broking)
Jeremy Grime (Specialist Sales)
Alma PR (Financial PR Adviser) Tel: +44 (0)20 3405 0209
Susie Hudson aquis@almapr.co.uk
Kieran Breheny
Faye Calow
Notes to Editors
About Aquis Exchange
Aquis Exchange PLC is an exchange services group, which operates
pan-European cash equities trading businesses (Aquis Exchange),
growth and regulated primary markets (Aquis Stock Exchange/AQSE)
and develops/licenses exchange software to third parties (Aquis
Technologies).
Aquis Exchange is authorised and regulated by the UK Financial
Conduct Authority and France's Autorité des Marchés Financiers to
operate Multilateral Trading Facility businesses in the UK and in
EU27 respectively. Aquis operates a lit order book and does not
allow aggressive non-client proprietary trading, which has resulted
in lower toxicity and signalling risk on Aquis than other trading
venues in Europe. According to independent studies, trades on Aquis
are less likely to lead to price movement than on other lit
markets. Aquis uses a subscription pricing model which works by
charging users according to the message traffic they generate,
rather than a percentage of the value of each stock that they
trade.
Aquis Stock Exchange (AQSE) is a stock market providing primary
and secondary markets for equity and debt products. It is
authorised as a Recognised Investment Exchange, which allows it to
operate a regulated listings venue. AQSE, which used to be known as
NEX Exchange Ltd., was acquired by Aquis in March 2020 from CME
Inc. The AQSE Growth Market is divided into two segments 'Access'
and 'Apex', with different levels of admission criteria. The Access
market focuses on earlier stage growth companies, while Apex is the
intended market for larger, more established businesses.
Aquis Technologies is the software and technology division of
Aquis Exchange PLC. It creates and licenses cutting-edge,
cost-effective matching engine and trade surveillance technology
for banks, brokers, investment firms and exchanges.
Aquis Exchange PLC (AQX.L) is listed on the Alternative
Investment Market of the LSE (AIM) market. For more information,
please go to www.aquis.eu
About Fregnan
Fregnan is a fast-growing Fintech company that produces high
quality unbiased models and forecasts through automation at scale,
using advanced machine learning and artificial intelligence to
bring unique insights that traditional models, using Excel do not
surface. Fregnan also provides a powerful AI driven modelling tool
that can be extensively tailored by the user to transform their
process of developing a spreadsheet or valuing a company and
getting insights from either.
Used by banks, fund managers, stock exchanges and research
houses, this enables its clients to work faster and with more
insight. With global coverage, access to over 80,000 stocks - from
the smallest to the largest, and its ability to connect each model
to any external data, such as ESG, Fregnan is transforming the
investment research process.
For more information, please go to www.fregnan.com.
About Research Tree
Research Tree is a fast-growing platform that aggregates a range
of research, video content and events from Banks, Brokers, Research
Houses and other content providers. We make all this available to
investors across our platform, our apps, and via our API and
product suite to key distribution partners such as the LSE, on
Broker Portals and on a growing number of company IR websites.
The platform offers real-time access to research from over 75
different Providers with more being added on a regular basis. Our
current coverage includes over 90% of companies in the FTSE 100,
c.80% of the FTSE 250 and c.80% of the AIM market, strong
Scandinavian coverage, as well as a growing offering across the
rest of Europe, the US and Canada.
www.research-tree.com | LinkedIn | Twitter
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