AJ Bell said decision would give customers greater choice
AJ Bell (LON:AJB), a leading UK investment platform, confirmed on Thursday that it has added Aquis Stock Exchange (LON:AQX) to its online trading platform.
The company said it was a decision made to give customers greater choice over the investments they are able to hold in their portfolios.
The Aquis Stock Exchange is now directly available to AJ Bell‘s retail customers, providing access to approximately 90 listed growth companies.
Stocks on the Aquis Exchange are now available for online trading via AJ Bell’s ISAs, SIPPs and Dealing/General investment accounts.
Andy Bell, CEO at AJ Bell, shared his thoughts on decision to add Aquis Stock Exchange to its trading platform:
“Our goal is to make investing easy for our customers, whether they are managing their investments themselves or with the help of a financial adviser. Many of them have told us they want to be able to trade stocks listed on Aquis Stock Exchange and we are pleased to make this available to them,” said Bell.
Alasdair Haynes, CEO of Aquis Exchange, expressed a similar view:
“We are very pleased AJ Bell has given its clients electronic access to trade AQSE shares. Today, some of the UK’s most exciting growth companies are choosing to get a quotation on AQSE. Since we acquired this business lasts year* we have been making numerous changes to radically raise standards and increase liquidity. We fervently believe in retail investors having equal opportunities to trade as institutional players as part of our mission to get the public back into public markets for the benefit of all stakeholders.”
On 31 March, Aquis Exchange confirmed a strong performance for 2020 as the company released its financial results to 31 December 2020. The AIM-listed company’s revenue climbed by 67% to £11.5m, up from £6.9m in 2019. Aquis Exchange‘s EBITDA rose to £1.5m from £0.0m the year before, while its maiden full-year pre-tax profit swung to £0.5m from a £0.9m loss.