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Aquis slashes forecasts by £3.7m on heightened credit risk

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Challenger exchange Aquis will take a £3.7m hit on the back of higher credit risk from a number of technology clients.

In a 4 March trading update, Aquis said it had “increased its expected credit loss provisions in respect of two existing technology clients, reflecting a heightened credit risk” for 2024.

City bourse ups expected losses from two unnamed technology clients

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