Aquis Exchange Plc - Interim Results: Continued Momentum With Increased Revenue Across All Divisions

The Group reports net revenue up 17% to £9.7m and profit before tax up 64% to £1.1m, with all four divisions profitable and increasing revenues in the period.

Divisional highlights

• Aquis Markets - Further diversification of the product suite, with addition of Dark to Lit Sweep
• Aquis Technologies - Contract pipeline continues to develop in line with expectations
• Aquis Data - Revenues up 34%; significant progress towards an EU consolidated tape
• Aquis Stock Exchange - Welcomed five new listings despite tough market conditions and low admissions throughout the market

Post-period, the Group announced a change to its proprietary trading rule, further enhancing range of execution options available to members, and an investment in OptimX Markets, adding additional connectivity to Aquis Matching Pool (AMP) and providing clients with ability to cross large blocks.

Aquis reports trading remains in line with Board expectations for the full year.

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 An overview of the results from CEO Alasdair Haynes is available to view on this link.