StockMarketWire.com - UK share trading venue Aquis Exchange ventured into corporate listings with a deal to buy NEX Exchange for a total of £2.7m.

NEX Exchange, the UK based stock market for growth enterprises, is one of only four equities-focused Recognised Investment Exchanges (RIEs) in the UK.

The company said the acquisition provided a ‘unique opportunity to build a pan-European, technology driven, listing exchange for growth companies.’

With Aquis' experience in both building new businesses in the exchange industry and also increasing liquidity, the company said it believed it had the ability to transform NEX Exchange at a time when MiFID II implications and other factors make the industry ripe for innovation.



At 8:31am: [LON:AQX] Aquis Exchange Plc Ord 10p share price was 0p at 486p



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