Linear Investments Acquires AQX Securities’ Assets from Aquila Group

Wednesday, 22/07/2015 | 13:57 GMT by Jeff Patterson
  • Linear Investments’ acquisition of AQX Securities’ assets aims to enhance its existing execution-only services.
Linear Investments Acquires AQX Securities’ Assets from Aquila Group
Photo: Bloomberg

Linear Investments has closed a deal with AQX Securities, whereby acquiring its execution business and assets from Aquila Group, according to an AQX statement.

AQX Securities is a UK-based broker and hedge fund platform. The firm offers a variety of multi-asset CSA products, servicing the buy-side with Liquidity solutions and independent research solutions. More specifically, AQX Securities’ business caters to several asset classes, including equities, futures, options, Exchange-Traded Funds (ETFs), and fixed income.

Linear Investments’ acquisition of AQX Securities’ assets will help enhance its existing execution-only services, whereby augmenting its scope and latitude across a multitude of asset classes.

According to Paul Kelly, CEO, Linear Investments, in a recent statement on the acquisition, "Linear Investments has experienced steady, organic growth since its inception in 2009. Our acquisition of AQX Securities’ execution business further cements our position as the UK's leading full-service, boutique Prime Broker and enhances our multi-asset execution and outsourced trading desk capabilities. AQX's loyal customer base is a valued asset."

“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," he noted.

"This is an exciting new chapter for Linear Investments as it on-boards and services AQX Securities's pan-European buy-side clients. The depth and breadth of the umbrella services that Linear offers will provide some superb new business opportunities to these clients. I'm looking forward to working with the larger Linear team and to helping our buy-side clients optimise their trading desks," added Sam Merali, Head of Agency Brokerage, Linear Investments, in an accompanying statement.

Linear Investments provides wealth management and investment services to clients worldwide. Its comprehensive suite of services includes hedge funds, seed funding, prime brokerage and execution, among others.

Linear Investments has closed a deal with AQX Securities, whereby acquiring its execution business and assets from Aquila Group, according to an AQX statement.

AQX Securities is a UK-based broker and hedge fund platform. The firm offers a variety of multi-asset CSA products, servicing the buy-side with Liquidity solutions and independent research solutions. More specifically, AQX Securities’ business caters to several asset classes, including equities, futures, options, Exchange-Traded Funds (ETFs), and fixed income.

Linear Investments’ acquisition of AQX Securities’ assets will help enhance its existing execution-only services, whereby augmenting its scope and latitude across a multitude of asset classes.

According to Paul Kelly, CEO, Linear Investments, in a recent statement on the acquisition, "Linear Investments has experienced steady, organic growth since its inception in 2009. Our acquisition of AQX Securities’ execution business further cements our position as the UK's leading full-service, boutique Prime Broker and enhances our multi-asset execution and outsourced trading desk capabilities. AQX's loyal customer base is a valued asset."

“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," he noted.

"This is an exciting new chapter for Linear Investments as it on-boards and services AQX Securities's pan-European buy-side clients. The depth and breadth of the umbrella services that Linear offers will provide some superb new business opportunities to these clients. I'm looking forward to working with the larger Linear team and to helping our buy-side clients optimise their trading desks," added Sam Merali, Head of Agency Brokerage, Linear Investments, in an accompanying statement.

Linear Investments provides wealth management and investment services to clients worldwide. Its comprehensive suite of services includes hedge funds, seed funding, prime brokerage and execution, among others.

About the Author: Jeff Patterson
Jeff Patterson
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About the Author: Jeff Patterson
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