TLT advises Aquis Exchange on expansion into non-displayed matching pools

TLT has advised pan-European exchange operator Aquis Exchange on its assumption of responsibility for the business activities of UBS MTF, signalling a move into non-displayed matching pools.

Aquis assumed responsibility for the activities on 4 April 2022 and is pleased to now offer this product under the name Aquis Matching Pool or AMP.

The transfer supports Aquis’s ambition of becoming an all-encompassing exchange services provider. Aquis has plans to grow the AMP product offering, with potential future plans to expand into Europe depending on the state of regulation.

TLT advised Aquis on the end-to-end transaction, leveraging its M&A and financial services expertise. The team was led by corporate partner Alice Gardner, supported by Luke Thorngate-Davies and Jessie Cockhill (corporate), Dan Read (tech and IP), Esther Smith (employment) and Mark Braude (tax).

Alice Gardner, partner at TLT, says: “We are delighted to have supported Aquis on this important transaction. Our team has significant experience in financial services M&A, so we were able to offer specialist advice and ensure a positive outcome for our client.”

TLT was named Law Firm of the Year at The Lawyer Awards 2021, and continues to be recognised for the quality of its clients, advice and dealmaking at the various Insider Dealmakers awards.