Appital Partners with Turquoise to Unlock Latent Liquidity Opportunities

​Appital, the Equity Capital Marketplace, announced that it has cooperated with Turquoise, the pan-European MTF, majority owned by London Stock Exchange Group in partnership with the user community, to unlock latent liquidity opportunities and bring further efficiency to equity capital markets.

The cooperation between Appital and Turquoise brings together complementary capabilities to the benefit of issuers and investors. Appital users will be able to execute all deals through the Turquoise MTF, via a single point of access and with seamless straight-through-processing (STP) to over 20 settlement venues. Additionally, institutional investors will be able to take advantage of an innovative and efficient way to access liquidity opportunities and trade in a market for size, at the best price.

Mark Badyra, CEO of Appital, said: "We are delighted to partner with Turquoise to provide the buy-side community with the ability to proactively source liquidity in the market and interact with like-minded institutions in the liquidity formation process. Working with a champion of innovation such as Turquoise is allowing us to realise our ambition to give institutional investors real-time visibility, full transparency and maximum control over the bookbuilding and deal distribution process."

Dr Robert Barnes, CEO, Turquoise Global Holdings & Group Head of Securities Trading at London Stock Exchange Group, commented: "Turquoise is committed to serving our customers through innovation. Connecting to Appital will bring additional transparency and automation to the process of liquidity discovery. I look forward to continuing our cooperation with Appital to unlock liquidity for investors."