Italian investment bank Mediobanca has joined Apex, the pan-European retail best execution service operated by Equiduct, a regulated market under börse berlin.
Apex offers commission-free execution for more than 3,000 stocks and ETFs in 12 European markets, guaranteeing high quality standards.
Roberto Romeo, managing director, head of equity trading and structuring at Mediobanca, said: “With the integration of Apex, Mediobanca has enhanced its range of best execution brokerage services and increased the liquidity made available to its customers.”
Equiduct chief strategy officer Wail Azizi said Mediobanca joining Equiduct will help them and their clients improve end-investors execution quality while “significantly reducing the execution costs”.
Thanks to the integration with Apex, Mediobanca has expanded its offering of trading services and enhanced its execution capabilities, while guaranteeing its clients will have lower operating costs allied to the additional liquidity offered by Equiduct.
Mediobanca is the first Italian bank to provide the opportunity to access Equiduct also to third-party banks and brokers. Through its execution platform, the bank offers institutional and retail clients access to all the leading European, US and Asian stock markets to trade in equities, ETFs and fixed-income securities.
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