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  3. Linear Investments acquires AQX Â鶹´«Ã½ assets
Industry news

Linear Investments acquires AQX Â鶹´«Ã½ assets


22 July 2015 London
Reporter: Becky Butcher

Generic business image for news article
Image: Shutterstock
Linear Investments has acquired the assets of AQX Â鶹´«Ã½ agency execution business from the Aquila Group.

The acquisition will enhance Linear’s existing execution-only services and broaden its reach across asset classes, from equities, exchange-traded funds, futures and options, to cash and fixed income.

Paul Kelly, CEO of Linear Investments, commented: “Our acquisition of AQX Â鶹´«Ã½â€™s execution business further enhances our multi-asset execution and outsourced trading desk capabilities.â€

He added: “By combining the two businesses our mutual clients will benefit from the competitive advantages associated with increased trading volumes and the broader umbrella services that we can now offer them all.â€

Sam Merali, head of agency brokerage at Linear Investments, added: “This is an exciting new chapter for Linear Investments as it on-boards and services AQX Â鶹´«Ã½â€™s pan-European buy-side clients.â€

Prior to the acquisition, Merali was joint managing director of AQX Â鶹´«Ã½ in the UK, responsible for pan-European sales and business development.
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