HANetf Confirms Barclays Capital as Authorised Participant
HANetf, Europe’s first
independent ‘white label’ UCITS ETF platform confirms that Barclays Capital has
been appointed as Authorised Participant (AP) for its range of on-platform
Barclays Capital joins an
extensive network of leading global banks and market making firms with
extensive track records supporting the trading needs of ETF investors.
to expand its range of APs to develop one of the most comprehensive AP and
market making networks in the European ETF market.
HANetf operates an open market
making model, designed to promote deeper liquidity and competitive two-way
pricing for on-platform ETFs.
HANetf’s asset management clients are able to
take advantage of this extensive panel of APs and market makers as they join
and issue ETFs on the platform.
Asset managers who would
otherwise set up their own ETF capability would face the time and cost impact
of having to set up their own AP network from scratch.
Jason Griffin, Director of
Business Development and Capital Markets at HANetf, commented on the
full-service proposition includes extensive capital markets, distribution and
marketing support. We are very happy to welcome Barclays Capital to HANetf’s
network of APs, promoting deeper liquidity across our fund range and helping
investors benefit from greater market access. Prospective ETF issuers will take
confidence that when they issue funds through HANetf, they benefit from an
extensive and expanding ecosystem of liquidity providers with tremendous ETF
co-CEOs, Hector McNeil and Nik Bienkowski, HANetf provides a full service
offering to prospective ETF issuers including ETF product development, support,
operations, capital markets, sales, marketing and distribution. The HANetf
platform removes the barriers to entry for new entrants to the European ETF
market, making it faster, easier and more cost-efficient for asset managers to
launch ETFs in Europe.