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AQX Securities connects to Squawker

First Published 21st October 2014

Execution Services Provider AQX Securities connects to Squawker's cash equities negotiation platform.

Chris Gregory, CEO and co-Founder, Squawker

Chris Gregory, CEO and co-Founder, Squawker

"By connecting to Squawker, AQX has been able to offer its buy-side clients indirect access to a substantial pool of liquidity."

London - AQX Securities, the service-oriented, multi-asset, execution services provider, has announced that it has connected to Squawker, the central forum for pan-European, negotiated equity block trading and the first electronic trading platform free of algo- and HFT-flow. The move will give AQX direct access to Squawker's community of more than 95 sell-side firms, across 13 European countries, and will enable the firm to find, negotiate and execute those client orders that are difficult to execute on the order books or in dark pools.

Norman Hartmann, CEO, AQX Securities, comments: "AQX is always looking for ways to improve its execution services for its buy-side clients. Whilst the majority of Pan-European equities trade quickly and efficiently over the order books and in dark pools, there are a good proportion of trades that are difficult to execute in this way. Squawker's negotiation platform allows us to access liquidity that has until now been difficult to locate and enables AQX to provides the very best service for our clients."

Chris Gregory, CEO and co-Founder, Squawker, comments: "AQX joins a pan-European community base of tier-1 investment banks, regional tier-1s, traditional agency brokers as well as niche sell-side firms across Europe. This diverse and broad group of sell-side firms means that Squawker is already providing access to c. 25% of Pan-European sell-side liquidity. By connecting to Squawker, AQX has been able to offer its buy-side clients indirect access to a substantial pool of liquidity."