The company has launched a new pre-trade price discovery tool for asset managers.
It allows buy-side traders to gauge potential pricing and volume on large orders before committing to a bookbuild.
Appital has
introduced a new pre-trade price discovery functionality aimed at stimulating
natural liquidity among its buy-side clients. The provider of liquidity
sourcing technology for asset managers will allow trading desks to interact
with investment teams.
Appital Launches Pre-Trade
Price Discovery Tool for Asset Managers
The new
feature, called Price Discovery in Appital Insights, allows buy-side traders to
gauge potential pricing and volume on larger average daily volume (ADV) orders
before committing to a bookbuild. This industry-first tool enables traders to
invite select feedback on live orders while maintaining anonymity and
minimizing information leakage risks.
“Clients can
pick their counterparts, expose a potential deal to them, and get feedback on
volume and pricing, before deciding to go ahead with a bookbuild,” commented Brian
Guckian, Chief Business Development Officer at Appital
This is a
new workflow that gives clients full control over the bookbuilding process and
the ability to proactively stimulate market liquidity. The tool introduces a
flexible approach to order management during the initial exploration phase.
Traders can
now assess market interest without locking in their positions, allowing them to
convert inquiries into firm orders if they choose to proceed with a bookbuild.
This method aims to streamline the process, potentially shortening the time
required to complete a deal while also improving the chances of a successful
transaction.
“We're
digitizing another step in the high-touch trading mechanism while minimizing the risk of information leakage and price erosion,” Mark Badyra, CEO of Appital,
commented. “This aligns with our strategy to deliver unique workflows to
trading and investment teams.”
$12B of Liquidity and New Partnerships
Appital has
reported visible growth in the first half of 2024, with $12 billion of buy-side
liquidity now on its platform. Average orders are 2.7 days ADV, with
opportunities ranging from $1 million to $260 million. The company has signed
up 43 asset managers representing over $20 trillion in assets under management,
with an additional 60 firms in the onboarding process.
The company recently completed
the integration of its Insights tool with FactSet's Portware Execution
Management System (EMS). This integration enables asset managers using Portware
to access Appital Insights liquidity directly from their existing EMS interface,
streamlining their workflow.
Building on this integration,
Appital has introduced a new feature called “Appital Trending
Equities.” This functionality, incorporated into Appital Insights, allows
buy-side deal originators to actively generate unique liquidity opportunities
in the market before initiating a deal.
In addition to these
technological advancements, Appital has bolstered its team with the appointment
of John Coules to its business development division. Coules brings extensive
experience to the role, having worked as a pan-European equities sales trader
at HSBC for 17 years and at Lehman Brothers for 13 years prior to that.
Appital has
introduced a new pre-trade price discovery functionality aimed at stimulating
natural liquidity among its buy-side clients. The provider of liquidity
sourcing technology for asset managers will allow trading desks to interact
with investment teams.
Appital Launches Pre-Trade
Price Discovery Tool for Asset Managers
The new
feature, called Price Discovery in Appital Insights, allows buy-side traders to
gauge potential pricing and volume on larger average daily volume (ADV) orders
before committing to a bookbuild. This industry-first tool enables traders to
invite select feedback on live orders while maintaining anonymity and
minimizing information leakage risks.
“Clients can
pick their counterparts, expose a potential deal to them, and get feedback on
volume and pricing, before deciding to go ahead with a bookbuild,” commented Brian
Guckian, Chief Business Development Officer at Appital
This is a
new workflow that gives clients full control over the bookbuilding process and
the ability to proactively stimulate market liquidity. The tool introduces a
flexible approach to order management during the initial exploration phase.
Traders can
now assess market interest without locking in their positions, allowing them to
convert inquiries into firm orders if they choose to proceed with a bookbuild.
This method aims to streamline the process, potentially shortening the time
required to complete a deal while also improving the chances of a successful
transaction.
“We're
digitizing another step in the high-touch trading mechanism while minimizing the risk of information leakage and price erosion,” Mark Badyra, CEO of Appital,
commented. “This aligns with our strategy to deliver unique workflows to
trading and investment teams.”
$12B of Liquidity and New Partnerships
Appital has
reported visible growth in the first half of 2024, with $12 billion of buy-side
liquidity now on its platform. Average orders are 2.7 days ADV, with
opportunities ranging from $1 million to $260 million. The company has signed
up 43 asset managers representing over $20 trillion in assets under management,
with an additional 60 firms in the onboarding process.
The company recently completed
the integration of its Insights tool with FactSet's Portware Execution
Management System (EMS). This integration enables asset managers using Portware
to access Appital Insights liquidity directly from their existing EMS interface,
streamlining their workflow.
Building on this integration,
Appital has introduced a new feature called “Appital Trending
Equities.” This functionality, incorporated into Appital Insights, allows
buy-side deal originators to actively generate unique liquidity opportunities
in the market before initiating a deal.
In addition to these
technological advancements, Appital has bolstered its team with the appointment
of John Coules to its business development division. Coules brings extensive
experience to the role, having worked as a pan-European equities sales trader
at HSBC for 17 years and at Lehman Brothers for 13 years prior to that.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar
The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar
The copy trading market is projected to double in size, growing from $2.2 billion to $4 billion by the end of this decade. In light of this, brokers and financial institutions are increasingly adopting PAMM, MAM, and Copy Trading solutions to scale operations and drive profitability. In this insightful webinar, Sergey Ryzhavin, Product Owner at B2COPY, outlines the advanced features of the B2COPY platform, showcasing how it enhances Copy Trading, PAMM, and MAM performance. Sergey also explores strategies for using these tools to attract new clients, improve customer engagement, and create additional revenue streams.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
📸 Instagram: https://www.instagram.com/financemagnates_official
🐦 X (Twitter): https://twitter.com/financemagnates/
📡 RSS Feed: https://www.financemagnates.com/feed/
▶️ Telegram: https://t.me/financemagnatesnews
Don't miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔
The copy trading market is projected to double in size, growing from $2.2 billion to $4 billion by the end of this decade. In light of this, brokers and financial institutions are increasingly adopting PAMM, MAM, and Copy Trading solutions to scale operations and drive profitability. In this insightful webinar, Sergey Ryzhavin, Product Owner at B2COPY, outlines the advanced features of the B2COPY platform, showcasing how it enhances Copy Trading, PAMM, and MAM performance. Sergey also explores strategies for using these tools to attract new clients, improve customer engagement, and create additional revenue streams.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
📸 Instagram: https://www.instagram.com/financemagnates_official
🐦 X (Twitter): https://twitter.com/financemagnates/
📡 RSS Feed: https://www.financemagnates.com/feed/
▶️ Telegram: https://t.me/financemagnatesnews
Don't miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔
Join us at FMLS:24 to connect with global institutional brokers. Secure your spot today! #fmls24
Join us at FMLS:24 to connect with global institutional brokers. Secure your spot today! #fmls24
🌟 Explore cutting-edge solutions and connect with fintech leaders at FMLS:24!
🌟 Explore cutting-edge solutions and connect with fintech leaders at FMLS:24!
🤝 Meet industry leaders at the premier event for brokers – FMLS:24. Secure your spot today!
🤝 Meet industry leaders at the premier event for brokers – FMLS:24. Secure your spot today!