#Italy #Milan #Equiduct #Apex #Banca Akros

Equiduct Welcomes Banca Akros as New Direct Member

Equiduct, renowned as a pan-European exchange focused on retail trading, has made headlines with its recent announcement of a dynamic new addition to its membership roster: Banca Akros. This prominent investment bank, a subsidiary of Banco BPM, is set to enhance its service offerings through Equiduct’s Best Execution platform, known as Apex.

A Leap Towards Best Execution

As a direct member of Equiduct, Banca Akros gains the ability to offer commission-free Best Execution services in 12 European markets. This is a significant leap towards enhancing the quality of execution for retail clients, enabling Banca Akros to streamline its trading processes and deliver optimal prices and liquidity. The bank's commitment to providing transparent financial solutions is not just a recent endeavor; they have built a legacy in serving mid-corporate and financial institutional clients for over two decades.

With the inclusion of Apex, Banca Akros significantly boosts its competitive edge in retail execution services. According to Giuseppe Puccio, General Manager at Banca Akros, this alliance not only augments their service's geographical breadth but also fosters competitive pricing strategies. The integration with Equiduct aligns seamlessly with their proprietary dynamic Best Execution system called Sabe equity, built exclusively for trading European equities.

The Importance of Strategic Partnerships

The collaboration represents a pivotal advancement for Banca Akros, which continues to emphasize innovation in financial services. Wail Azizi, Chief Strategy Officer at Equiduct, emphasized the advantages this membership brings, including enhanced execution quality for investors and reduced costs.

Banca Akros is recognized as a leading retail aggregator in Italy and has a history of pioneering new execution methods. This step forward is a testament to their ongoing commitment to improving client experiences through modern technology and strategic partnerships.

About Equiduct

Founded to address the needs of retail brokers and institutional clients, Equiduct aims to facilitate better trading conditions across Europe. Its platform enables clients to achieve Best Execution across 12 markets, thereby enhancing transparency and efficiency. As part of Börse Berlin, Equiduct operates under European regulations, boasting an impressive turnover of €79bn in 2023 with a daily average volume (ADV) of €310m. This infrastructure supports the ambitious goal of providing superior execution services tirelessly.

About Banca Akros

Established in 1997, Banca Akros has made a name for itself as a comprehensive investment banking service provider. It doesn’t only focus on capital markets; it has built extensive expertise in structured finance, mergers and acquisitions, and more, making it a cornerstone of Italy’s financial landscape. They've expanded internationally, particularly after acquiring Oaklins Italy, further solidifying their cross-border transaction capabilities.

In conclusion, the partnership between Banca Akros and Equiduct signifies more than operational synergy; it represents a substantial upgrade in the quality of services available to retail participants in the European market. As client demands evolve, so must the solutions provided, making this collaboration a timely and relevant enhancement to the market landscape.