Execution specialist Liquidnet has collaborated with TP ICAP Midcap, a brokerage firm to increase block liquidity opportunities in European Small and Mid-Caps (SMEs).
Broker TP ICAP Midcap is a specialised investment bank in European Small and Mid-Caps (SMEs) that supports entrepreneurs in their development and financing strategy, as well as institutional investors.
Based in London and Paris, respectively, Liquidnet and IP ICAP Midcap will combine their client networks and technology to achieve their aim.
Chris Jackson, global head of equity strategy and head of EMEA enquiries at Liquidnet, says: “Finding block liquidity in small and mid-cap names remains a challenge for most asset managers. It’s a challenge that often goes beyond simply matching sedol codes in a venue.”
He adds: “Our unique global liquidity network, combined with our suite of innovative liquidity discovery offerings, position us well to help our members address this. I look forward to combining these capabilities with TP ICAP Midcap’s specialist knowledge and liquidity to further reduce the cost of trading for our members.”
