AQX° Securities, the global, agency execution broker and pioneer in multi-asset CSA products, today announced that in 2014 it has signed on more than 40 new buy-side clients across Europe. Of those 40+ new clients, 10 have opted for AQX’s unbundled execution and research fee option available through Commission Sharing Agreements (CSAs). AQX has also significantly expanded its coverage of Exchange Traded Funds (ETFs), expanding its network of ETF providers even further to aggregate prices and flow for its clients.
Norman Hartmann, CEO, AQX Securities, comments: “2014 has been a transformative year for the buy-side, with regards to having greater choice, control and transparency within the execution process. AQX has been a leading light in the area of unbundled research and execution services, closely following and contributing to the ongoing consultations and discussions with the FCA and the European Commission.”
Kish Desai, managing director, AQX Securities Ltd, comments: “As the January 2017 date for adherence to MiFID II approaches, buy- and sell-side trading firms, regulators and third parties will be increasingly focussed on their pursuit for greater transparency. AQX Securities’ multi-asset CSA products enable the buy-side to widen their base for accruing research credits beyond Equities, to include Futures, Options and Cash Fixed Income. AQX’s position of clarity - despite the various debates on the ban of research commission - has without a doubt contributed to AQX’s solid growth this year, and something that we believe will continue to support further growth next year.”
FTSE Mondo Visione Exchanges Index:
AQX° Securities Signs On 40 Buy-Side Clients Throughout Europe In 2014 - Agency Execution Broker Provides CSA Products To 1 In Every 4 New Clients Across Equities, Futures, ETFs, Options And Cash Fixed Income Trading
Date 10/12/2014