Appital launches Appital Trending Equities 22 April 2024UK Reporter: Jack McRae
Image: stock.adobe.com/mirsad
Appital has launched Appital Trending Equities, a new functionality within their book building platform Appital Insights.
Appital Trending Equities allows buy side deal originators to stimulate liquidity in the market before launching a deal.
These participants gain exposure to deals in equities that are relevant to them and may launch on the platform imminently.
Mark Badyra, CEO of Appital, explains: “Buy side trading desks will receive a list of trending equities within the Appital platform, which they can discuss with their PMs to identify opportunities they wish to participate in. Traders and portfolio managers are empowered to discover and react to deal flow opportunities that are unique in the market, and generate alpha themselves.”
The new functionality aims to unlock latent liquidity, drive the book building process, and allow trading desks and portfolio managers to make more informed decisions, according to Appital.
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: stock.adobe.com/mirsad 