The addressable market for private company secondary transactions is up to $1.5bn.
TP ICAP has set strategic objectives of aggregating liquidity, electronification and diversification.
A similar service is available on the BIDS platform in the US equity market.
The Retail Price Improvement Program will offer midpoint prices to retail investors.
There are frustrations over lack of standardization, security and inefficiencies with existing systems.
New rules were designed to align with institutional investors executing longer duration parent orders.
Citi Self Invest is a digital offering for clients to make investments in equities and ETFs.
Year-to-date ESG funds have accounted for half of net new capital flowing into equity funds.
The French bank will be able to provide a full suite of equities services worldwide.