MEMBER notice - 2020_0012
Date: 26 August 2020
Priority: Normal
Venue(s): Aquis Exchange UK (AQXE), Aquis Exchange EU (AQEU) and Aquis Stock Exchange (AQSE)
Subject: Updates to Aquis Exchange Fee Schedule, effective October 2020
__________________________________________________________________
Aquis Exchange would like to inform Members, Vendors and Market Data recipients of upcoming changes to the Fee Schedule, effective from 1st October 2020.
The new Fee Schedule will apply to all three trading venues operated by the Aquis Exchange group:
- Aquis Exchange UK (AQXE)
- Aquis Exchange EU (AQEU)
- Aquis Stock Exchange (AQSE)
Trading message count across all three venues will be consolidated to calculate the membership tier, thereby optimising the benefits of the subscription model.
New Membership Tiers (applicable to AQXE, AQEU and AQSE):
|
|
AQSE broker membership*
|
Aquis Basic
membership
|
Tier 1
|
Tier 2
|
Tier 3
|
Tier 4
|
Unlimited
|
|
Venue
|
AQSE broker membership only
|
Aquis Exchange
+ AQSE
|
Aquis Exchange
+ AQSE
|
Aquis Exchange
+ AQSE
|
Aquis
Exchange
+ AQSE
|
Aquis
Exchange
+ AQSE
|
Aquis Exchange
+ AQSE
|
|
Monthly subscription
|
£500
|
£2,000
|
£5,000
|
£15,000
|
£30,000
|
£50,000
|
£80,000
|
|
Average daily chargeable message count
|
Up to 250
|
Up to 1,000
|
Up to 5,000
|
Up to 15,000
|
Up to 25,000
|
Up to 50,000
|
Unlimited
|
*Non-trading membership of AQSE is available for £50 per month.
The following changes will also apply:
- Connectivity: The same physical connectivity can be used for all Aquis Exchange (AQXE / AQEU) and/or AQSE platforms, so customers do not need to incur costs for separate connectivity to each of these.
- VPN connections will be charged at a cost of £500 per month.
For more information, please contact your account manager via [email protected] and [email protected] or call +44 (0)20 3597 6311.
Previous member notices sent by Aquis Exchange can be viewed on our website.
