Appital's Trading Platform Reaches $2 Billion in Buy-Side Liquidity

<p>The London-based
financial technology company Appital announced significant growth in its
peer-to-peer price discovery and liquidity platform for asset managers. The
company said its platform liquidity reached $800 million notional value in
November 2023 alone. </p><p>It has seen
$300 million in notional value traded on a single day in December so far. This
is up from $200 million traded between August 2022 and August 2023. In total,
the platform reached the threshold of $2 billion in its first three months of
operation.</p><p>Appital Platform Gains
Traction, Reaching $2 Billion in Buy-Side Liquidity</p><p>According
to the press release shared with Finance Magnates, 32 asset
managers with $15 trillion in assets under management (AUM) have signed up to
use Appital's platform. Another 55 asset managers with a combined $30 trillion
AUM are in the process of onboarding.</p><p>The
increased adoption follows the launch of Appital Insights in September 2023, which
lets buy-side firms assess the viability of executing larger equity orders
without alerting the wider market. The average daily volumes of the newly
launched service ranged between 20% and 60% during Q4 2023, and the average notional value of each opportunity within Appital Insights was $18 million.</p><p>"The
significant traction we have within the asset management community validates
the need for our offering, as our technology addresses the industry's key pain
points," Mark Badyra, the CEO of <a href="https://www.financemagnates.com/tag/appital/" target="_blank" rel="follow">Appital</a>, commented.</p><p>The key
pain points include accessing hard-to-find <a href="https://www.financemagnates.com/terms/l/liquidity/">liquidity</a> and executing multiple
days' worth of average daily trading volumes without risking price erosion.</p><p>The company
has integrated its technology with electronic trading platforms like Flextrade
and Portware to allow clients to access Appital's liquidity opportunities
directly in their existing workflows.</p><blockquote><p lang="en" dir="ltr">Via <a href="https://twitter.com/marketsmedia?ref_src=twsrc%5Etfw">@marketsmedia</a>: Appital Insights™ provides real-time origination alerts to unlock cross-border deal flow opportunities for the buyside, ahead of any price formation or deal launch.<a href="https://t.co/l2VWN99aQy">https://t.co/l2VWN99aQy</a> <a href="https://t.co/acQWqcQo0l">pic.twitter.com/acQWqcQo0l</a></p>— Appital (@AppitalHQ) <a href="https://twitter.com/AppitalHQ/status/1702593448006578337?ref_src=twsrc%5Etfw">September 15, 2023</a></blockquote><p>Capital
said it plans to expand integrations and its <a href="https://www.financemagnates.com/terms/b/buy-side/">buy-side</a> user community in 2024.
It aims to "fully unlock the potential" of peer-to-peer liquidity
sourcing for institutional investors. "We look forward to continuing our
collaborations, partnerships and integrations," Brian Guckian, the Chief
Business Development Officer at Appital, concluded.</p><p>Last year,
Appital and Turquoise, owned by LSEG, launched a collaborative platform <a href="https://www.financemagnates.com/institutional-forex/execution/appital-and-turquoise-launch-bookbuilder-for-buy-side-investors/" target="_blank" rel="follow">called Appital
Turquoise BookBuilder</a>. Its aim is to help institutional investors in search of
liquidity.</p><p>How Appital Insights Work
</p><p>Appital Insights helps buy-side institutions to access liquidity discreetly, empowering traders and portfolio managers to assess the viability of executing
larger-than-normal orders without alerting the broader market.</p><p>Specifically,
the tool provides automated feedback on current positions and the likelihood of
finding matching orders (contras) to execute the trade fully. This empowers the
buy-side traders to gain confidence that they can successfully complete these
larger block orders before they submit the trades. </p><p>Additionally,
Appital Insights identifies liquidity events in relevant stocks that align with predetermined volume or pricing thresholds preset by the traders. This means they can gain
visibility into potential opportunities that align with their interests again
before placing any orders.</p><p>By
revealing this previously hard-to-access liquidity intelligence,
Appital Insights enables buy-side firms to pursue block trade execution with
much less information leakage or price impact risk than their standard
practices.</p>

This article was written by Damian Chmiel at www.financemagnates.com.