Swiss Bourse Turns to Smaller UK Exchange to Trade Tech Revamp
Bloomberg) — SIX Group AG, the operator of the Swiss and Spanish bourses, is weighing a switch to the trading technology of Aquis Exchange Plc, a smaller UK exchange it is in the process of acquiring.
The group has been studying whether Aquis’s matching engine — the software component that pairs orders and processes transactions — can support trading in Swiss and Spanish stocks while the acquisition is expected to close this quarter,