RNS Reach
13 March 2024
Aquis Exchange PLC
("Aquis", the "Company" or the "Group")
Aquis Technologies secures contract with the Central Bank of Colombia
Mandate to modernise Colombia's government bond market
Aquis Exchange PLC (AQX.L) is delighted to announce that it has been awarded the contract to provide the Central Bank of Colombia, Banco de la República, with the technology and support services for the operation of its government bond market (Sistema Electrónico de Negociación - SEN).
Aquis Technologies - the Group's software and technology division - will be deploying its state-of-the-art trading platform and services to facilitate the modernisation of the Colombian government bond market, with enhancements to efficiency, transparency and accessibility. The contract is one of two new mandates secured by Aquis Technologies in 2023, referred to in the Group's trading update in January 2024, and is due to go live from 2026.
Aquis Technologies will be providing Banco de la República with its market-leading low latency matching engine along with its integrated market surveillance solution. Aquis Technologies will also be providing the front-end trading user interface for participants to interact with the market.
Adrian Ip, Chief Strategy Officer at Aquis Exchange PLC, said:
"We are honoured to have been selected by the Central Bank of Colombia to contribute to the advancement of its government bond market. This is a testament to the hard work and innovation that the Aquis team brings to the table.
"The choice of Aquis Technologies demonstrates its expertise and commitment to enhancing financial markets through innovative solutions, and its proven track-record in delivering high-performance trading solutions.
"We look forward to working closely with Banco de la República to deliver a market-leading solution that will benefit the Colombian economy and its participants while also strengthening Aquis' offering in the fixed income space."
His Majesty's Ambassador to Colombia, George Hodgson added:
"Congratulations to Aquis Technologies and Banco de la República on this important new relationship. The UK's fintech ecosystem, innovation and capital markets are world-leading, and it's great to see that experience and expertise at work in Colombia, fostering a more dynamic, resilient and productive government bond market."
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Enquiries:
Aquis Exchange PLC |
Tel: +44 (0)20 3597 6321 |
Alasdair Haynes, CEO |
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Richard Fisher, CFO Adele Gilbert, Head of Marketing
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Tel: +44 (0)20 3597 6329 |
Investec Bank plc (Nominated Adviser and Broker) |
Tel: +44 (0)20 7597 4000 |
David Anderson |
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Bruce Garrow |
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Lydia Zychowska St John Hunter
Canaccord Genuity Limited (Joint Broker) Emma Gabriel George Grainger
VSA Capital Limited (AQSE Corporate Adviser) Andrew Raca
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Tel: +44 (0) 20 7523 8000
Tel: +44(0)20 3005 5000
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Alma Strategic Communications (Financial PR Adviser) |
Tel: +44 (0)20 3405 0209 |
Josh Royston Rebecca Sanders-Hewett |
aquis@almastrategic.com |
Kieran Breheny |
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Notes to editors:
About Aquis Exchange PLC
Aquis Exchange PLC ("Aquis") is a creator and facilitator of next-generation financial markets, through the provision of accessible, simple and efficient stock exchanges, trading venues and technology.
Aquis consists of four divisions:
Aquis Markets operates lit and dark order books, covering 16 European markets. For its lit books, 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 Technologies is the software and technology division of Aquis. It focuses on building better markets via the creation and licensing of cutting-edge, cost-effective exchange infrastructure technology and services, including matching engine and trade surveillance solutions.
Aquis Data licenses market data from Aquis Markets and Aquis Stock Exchange.
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. The AQSE Growth Market is divided into two segments 'Access' and 'Apex'; the Access market focuses on earlier stage growth companies, while Apex is the intended market for larger, more established businesses.
Aquis is authorised and regulated by the UK Financial Conduct Authority and France's Autorité de contrôle prudentiel et de résolution and L'Autorité des marchés financiers to operate Multilateral Trading Facility businesses in the UK & Switzerland markets and in EU27 markets respectively. Aquis Exchange PLC is quoted on the Aquis Stock Exchange and on the AIM Market (AIM) of the LSE. For more information, please go to www.aquis.eu.