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City heavyweights back Aquis Exchange IPO

Fund managers and an electronic trading firm are among the investors

City heavyweights back Aquis Exchange IPO

One of the world's biggest electronic trading firms and several high-profile fund managers have backed the initial public offering of a City-based venue looking to challenge the dominance of leading players in Europe.

Aquis Exchange, the share-trading venue founded by former Chi-X Europe chief executive Alasdair Haynes, said on Monday that it is to list on London's AIM later this week after raising £32m from investors.

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