Coules joins Appital 11 April 2024UK Reporter: Jack McRae
Image: Appital
John Coules has joined the business development team at Appital, a peer-to-peer price discovery and liquidity sourcing technology for asset managers.
Brian Guckian, chief business development officer at Appital, says: “Since we launched Appital Insights in Q4 2023, Appital has gone from strength to strength. More than 40 asset managers with more than US$15 trillion assets under management are now signed up, with over 60 more in the onboarding stage, managing an additional US$30 trillion assets under management. John’s experience will be invaluable as we continue our global expansion.”
Coules spent 17 years at HSBC as a pan-European equities sales trader before leaving in August 2023. Previously he worked in the same position at Lehman Brothers for over 12 years.
Coules is excited by his new challenge. He adds: “Today, more than ever, access to hard-to-find liquidity in a market for size, without the risk of information leakage, is a significant challenge. Appital’s peer-to-peer price discovery and liquidity-sourcing technology is truly unique and redefines how buy-side firms engage to unlock latent liquidity. I look forward to working with the Appital team to support their international growth ambitions.”
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