Aquis Exchange grew average daily volume (ADV) on its pan-European multilateral trading facility (MTF) by 33% in 2025, from €2.11 billion to €2.79 billion, and lifted its share of European trading from 5.1% to 5.71% in the second half. Growth was strongest in the alternative mechanisms that now define its franchise. Its periodic auction book, Aquis on Demand, more than tripled in size, and its Market at Close service and dark pool both posted double-digit gains.
It did all of this in the year it became part of SIX, with the Swiss group completing its acquisition of Aquis in July 2025.
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