Market guide

AQSE

Aquis Stock Exchange

Aquis Stock Exchange (AQSE) is a UK exchange whose Growth Market serves smaller companies. Broker access and the ease of buying or selling deserve particular attention.

Current shareholder perks

Our coverage includes the following companies with current perks.

Dealing considerations

Check the price and the size of the quote

AQSE shares can take longer to buy or sell, and the gap between buying and selling prices can be wide. Check the live quote and how many shares are available at that price before placing an order.

Check that your broker deals the particular share

Some mainstream UK platforms added AQSE dealing in 2021, but access still varies by broker, market segment and company. Ask whether your broker offers the share you want and whether you must place the order online or by telephone.

Growth Market purchases can be exempt from stamp duty

AQSE Growth Market shares qualify for an exemption from the usual 0.5% Stamp Duty Reserve Tax if they are not listed on any market. The exemption does not cover AQSE Main Market shares, which HMRC treats as listed, or Growth Market shares also listed elsewhere.

Confirm ISA eligibility with your provider

AQSE is a recognised UK stock exchange, so its Growth Market shares can qualify under HMRC’s ISA rules. Confirm that your provider accepts the particular share in an ISA.

Find the company’s listing market

AQSE operates a Main Market and a Growth Market, whose segments are Access, Apex and Aram. HMRC treats Main Market shares as listed and Growth Market shares as not listed. This distinction affects stamp duty and eligibility for inheritance tax relief. Aquis also trades shares listed on other European exchanges, so use the company’s own announcements to identify where it is listed.

Brokers and charges

Compare the dealing terms below for selected brokers. Before buying, check the issuer’s eligibility rules and ask your broker what help it provides with the claim.

AJ Bell

These charges cover UK retail clients with a Dealing account.

How to deal
AJ Bell offers online dealing for supported AQSE shares. Confirm that it offers the particular share you want.
Dealing charges
The AQSE charge needs confirmation. AJ Bell’s standard tariff is £5.00 online, reduced to £3.50 after 10 or more share deals in the previous month, or £25 by telephone. Ask which rate applies to your order.
Other costs
Holding shares costs 0.25% a year, capped at £3.50 a month. Qualifying AQSE Growth Market purchases are normally exempt from Stamp Duty Reserve Tax.

AJ Bell: charges  , checked

How AJ Bell handles shareholder perks

Hargreaves Lansdown

These charges cover UK retail clients with a Fund and Share Account, Stocks and Shares ISA or SIPP.

How to deal
Aquis announced electronic dealing in Apex shares through HL in July 2022. Access-segment dealing remains unconfirmed; ask HL whether it offers the particular share and how to place the order.
Dealing charges
Confirm the AQSE charge before ordering. HL’s standard tariff is £6.95 online, reduced to £3.95 after 20 or more deals in the previous month, or £29 by telephone or post. The sources do not establish which rate applies to AQSE orders.
Other costs
Holding shares costs 0.35% a year, capped at £12.50 a month. AQSE Growth Market shares are normally exempt from Stamp Duty Reserve Tax if they are not listed elsewhere.

Hargreaves Lansdown: charges  , checked

How Hargreaves Lansdown handles shareholder perks

interactive investor

UK-resident individual clients can use a Trading Account, ISA or SIPP on a Core, Plus or Premium monthly plan.

How to deal
ii announced access to AQSE Growth Market shares in April 2021 but did not specify online or telephone dealing. Its current share-dealing page does not name AQSE, so confirm access and the order method for the share you want.
Dealing charges
Confirm the AQSE charge before ordering. Standard online UK share trades cost £3.99 on Core or Plus and £2.99 on Premium. Orders over £500,000 have a different tariff. Telephone orders add £49 to the dealing commission. Plus includes £3.99 and Premium £5.98 of monthly trading credit, valid for 31 days. This credit cannot pay the telephone surcharge. The checked pages do not establish which rate applies to an AQSE order.
Other costs
Monthly plans cost £5.99 for Core (portfolios up to £100,000), £14.99 for Plus or £39.99 for Premium, whether or not you trade. Qualifying AQSE Growth Market purchases are normally exempt from Stamp Duty Reserve Tax.

interactive investor: charges  , checked

How interactive investor handles shareholder perks