Frankfurt Stock Exchange is one of the largest exchanges in the world
Aquis Stock Exchange (AQSE), the primary and secondary trading business of exchange service group Aquis Exchange (LON:AQX), confirmed on Tuesday that it has been granted equivalence status by the Frankfurt Stock Exchange’s Open Market.
Companies with a quotation on AQSE will be able to seek a dual quotation on the Frankfurt stock Exchange.
The Frankfurt Stock Exchange is one of the largest exchanges in the world, as well as being continental Europe’s largest.
At present, 44,366 international securities are tradable in the open market.
Among the advantages for companies seeking a dual listing for AQSE security on the Frankfurt Stock Exchange is “better access to the German-speaking financial community, which has Europe’s largest retail investor community, while stocks become accessible to certain German funds that only allow investment in companies with a domestic listing”, a statement by the company read.
Commenting on the development, Aquis Exchange CEO, Alasdair Haynes, said:
“We are very pleased to have reached this agreement with our German counterparts to allow AQSE-quoted stocks to list in Frankfurt and thus gain simpler access to investors beyond the UK.”
“In return, we look forward to having German stocks come to us to benefit from AQSE’s unique liquidity pool, narrow spreads and institutional support base. The strategy at Aquis is to constantly innovate to improve our offering for the sake of issuers, investors, be they institutions or private individuals, and the economy overall.”
AJ Bell, a leading UK investment platform, confirmed last month that it has added Aquis Stock Exchange to its online trading platform.
The Aquis Stock Exchange became directly available to AJ Bell‘s retail customers, providing access to approximately 90 listed growth companies.
 confirmed on Tuesday that it has been granted equivalence status by the Frankfurt Stock Exchange’s Open Market.){kind=link}