HANetf adds Citigroup, JP Morgan and Société Générale to AP List
London, 30th September 2019 - HANetf,
Europe’s first independent ‘white label’ UCITS ETF platform has confirmed a further
tranche of Authorised Participants (APs) for its range of on-platform funds.
Global Markets Limited, JP Morgan Securities and Société Générale join an extensive network of leading global banks and market making
firms with extensive track records supporting the trading needs of ETF
HANetf has further
expanded its range of APs to create one of the most extensive 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.
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 can face the time
and cost impact of having to establish their own AP network from scratch.
Griffin, Director of Business Development and Capital Markets at HANetf, commented on the appointments: “HANetf’s
full-service proposition includes extensive capital markets, distribution and
marketing support. We are delighted to welcome Citigroup Global Markets, JP
Morgan Securities and Societe Generale to our growing network of APs, promoting
deeper liquidity across our fund range and helping investors benefit from
greater market access. Prospective ETF issuers will also take confidence that
when they issue funds through the HANetf platform, they will benefit from an
extensive and growing ecosystem of liquidity providers with a wealth of 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 wanting to enter the European
ETF market, making it faster, easier and more cost-efficient for asset managers
to launch ETFs in Europe.
See our full list of liquidity providers here