<p>
Aquis
Technologies, a division of <a href=”https://www.financemagnates.com/tag/aquis-exchange/” target=”_blank” rel=”follow”>Aquis Exchange PLC</a>, has announced the launch of
Aquis Equinox, a first-of-its-kind regulated market-grade 24×7 matching engine
that does not require shutdown or downtime. </p><p>Aquis Technologies Debuts
Aquis Equinox, a New Matching Engine</p><p class=”MsoNormal”>Aquis
Equinox allows exchanges to guarantee uninterrupted operation, with no need for
shutdowns during software upgrades, capacity increases, infrastructure changes,
member onboarding or reference data management. Traditional and alternative
finance exchange models usually need downtime for tasks like sequence number
resets, maintenance, and software upgrades.</p><p class=”MsoNormal”>As a
result, the system can handle various errors gracefully and automatically
switch to a backup service in real-time, known as automated failover. This
eliminates the possibility of split-brain distributed computing issues, where
distributed computer systems cannot identify primary system components without
human intervention.</p><p class=”MsoNormal”>Adrian Ip, the Managing Director of Aquis Technologies, believes this innovation brings
“exchanges as a service” to reality, as the matching engine
eliminates the need for traditional once-per-day shutdowns and enables
economies of scale to be shared across exchange platforms. </p><p class=”MsoNormal”>”Aquis
Equinox unlocks the potential of the next generation of capital markets for the
world,” Ip added.</p><p class=”MsoNormal”>Aquis
Equinox operates through a shared ecosystem that can host multiple exchanges
under a single matching engine. This setup delivers commercial efficiencies to
both existing and start-up exchanges, significantly reducing the costs of staffing
and in-house development. The cloud-native deployment can further cut costs
associated with traditional data centers, reduce environment duplication and
enhance speed to market.</p><p>Aquis Exchange Ends FY22
with 24% Higher Revenue</p><p class=”MsoNormal”>According
to its <a href=”https://www.financemagnates.com/forex/aquis-exchange-ends-fy22-with-24-revenue-rise/” target=”_blank” rel=”follow”>recently released audited results last week</a>, Aquis Exchange announced an annual increase of 24% in net revenue, reaching £20.1 million for the fiscal year
2022. In addition, the exchange experienced a rise of 27% in pre-tax profits, totaling
£4.5 million, by the end of the year.</p><p class=”MsoNormal”>Based on
the official figures, the <a href=”https://www.financemagnates.com/terms/e/exchange/” class=”terms__main-term” id=”b5da6e64-2afe-421d-9b81-16404b7d59d6″>exchange</a>’s underlying profit, comprising pre-tax
profits and comprehensive income, experienced an increase of 41%, reaching £4.7
million. The basic earnings per share for the fiscal year remained consistent
with the prior year, standing at 17 pence.</p><p class=”MsoNormal”>In September
2022, <a href=”https://www.financemagnates.com/institutional-forex/aquis-exchange-launches-eu-wide-dark-trading-venue/” target=”_blank” rel=”follow”>the company launched the EU Aquis Matching Pool (AMP)</a>. AMP EU is an
off-exchange venue that offers dark trading services to countries that comprise
the European Union (EU). </p><p class=”MsoNormal”>In the
meantime, the operator of the world’s only subscription-based trading venues <a href=”https://www.financemagnates.com/institutional-forex/bmll-announces-partnership-with-aquis-exchange/” target=”_blank” rel=”follow”>announced its cooperation with BMLL</a>, one of the prominent independent providers
of harmonized, historical Level 3 Data and <a href=”https://www.financemagnates.com/terms/a/analytics/” class=”terms__secondary-term” id=”0cd41468-7088-4154-93a3-bf5c46f15957″>analytics</a>. Utilizing BMLL’s granular
Level 3 Data and analytics, Aquis can observe and demonstrate liquidity
dynamics. Moreover, the company will offer its members third-party, independent
confirmation of passive liquidity available on its venues compared to other
European exchanges.</p><p class=”MsoNormal”>GMO
heralds new investment and Komainu enhances custody. <a href=”https://www.financemagnates.com/forex/news-nuggets-3-april-gmos-new-investment-komainu-enhances-custody/” target=”_blank”>Check today’s news nuggets</a>!</p>
This article was written by Damian Chmiel at www.financemagnates.com.
