Appital, the price discovery and liquidity sourcing technology vendor, has introduced a new feature within its Appital Insights platform aimed at revolutionising liquidity sourcing in the asset management sector. ‘Appital Trending Equities’ enables deal originators on the buyside to proactively create and expose potential liquidity opportunities in relevant equities before officially launching a deal. This facilitates a more strategic approach to bookbuilding by allowing trading desks and portfolio managers to generate market orders in anticipation of future deals.
Asset managers on the Appital platform are already actively using the new feature, which has so far enabled opportunistic portfolio management teams to discover around 50 trading indications, collectively representing over $1 billion in potential liquidity.
Subscribe to our newsletter