Appital adds Bernstein as execution broker
<img width="250" height="151" src="https://www.leaprate.com/wp-content/uploads/2021/12/Appital-250×151.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="" style="float: left; margin-right: 5px;" link_thumbnail="" srcset="https://www.leaprate.com/wp-content/uploads/2021/12/Appital-250×151.jpg 250w, https://www.leaprate.com/wp-content/uploads/2021/12/Appital-700×422.jpg 700w, https://www.leaprate.com/wp-content/uploads/2021/12/Appital-768×463.jpg 768w, https://www.leaprate.com/wp-content/uploads/2021/12/Appital-120×72.jpg 120w, https://www.leaprate.com/wp-content/uploads/2021/12/Appital-245×148.jpg 245w, https://www.leaprate.com/wp-content/uploads/2021/12/Appital-500×301.jpg 500w, https://www.leaprate.com/wp-content/uploads/2021/12/Appital.jpg 880w" sizes="(max-width: 250px) 100vw, 250px" /><p>Mark Badyra, CEO Appital, commented:</p>
<div><img aria-describedby="caption-attachment-441380" class=" wp-image-441380" src="https://www.leaprate.com/wp-content/uploads/2021/08/Mark-Badyra.jpg" alt="Mark Badyra, Appital" width="109" height="101" srcset="https://www.leaprate.com/wp-content/uploads/2021/08/Mark-Badyra.jpg 509w, https://www.leaprate.com/wp-content/uploads/2021/08/Mark-Badyra-245×228.jpg 245w, https://www.leaprate.com/wp-content/uploads/2021/08/Mark-Badyra-500×466.jpg 500w" sizes="(max-width: 109px) 100vw, 109px" /><p>Mark Badyra<br />Source: LinkedIn</p></div>
<blockquote><p>We have been working with Bernstein to develop the platform from the early development phase. Asset managers told us they would like to use Bernstein to execute this type of flow because of their independent market position and strong research focus. Our collaboration gives our shared client base the functionality to find new sources of liquidity which will be unique compared to other technologically driven platforms.</p></blockquote>
<p>Toby Bayliss, Head of European Electronic Trading at Bernstein Autonomous LLP, added:</p>
<blockquote><p>Our ethos is focused on the institutional market and we aim to align with the interests of our buyside clients. Appital provides an innovative, automated and more efficient way for clients to source and access liquidity, enhancing our primary role as an execution broker.</p></blockquote>
<p>Appital is preparing to launch along with more than <a target="_blank" href="https://www.leaprate.com/forex/institutional/instinet-joins-appital-bookbuilding-platform-as-its-first-executing-broker/" rel="noopener">30 asset managers</a>, who collectively manage more than $30 trillion. Once the platform is onboarded and integrated, Appital’s asset management clients will be able to set their preferences to proactively gain exposure to deal flow which is relevant to them, and nominate brokers for execution.</p>
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