Equiduct Launches ETF and ETP Trading on Apex
Retail Tech Insights | Wednesday, September 29, 2021
Through Apex, Equiduct will provide 436 ETFs and ETPs for trading.
FREMONT, CA: Equiduct, the pan-European retail exchange, has launched ETF and ETP trading on Apex, Equiduct's on-exchange Best Execution solution for retail brokers with no trading fees. This is a significant step toward giving regular European investors access to ETFs.
ETFs have been less accessible to retail investors in Europe than they have been in the United States, with 40 percent of US retail investors investing in ETFs compared to only 15-20 percent in Europe. Institutional investors still trade ETFs in Europe via a request for quote (RFQ) or over-the-counter (OTC), avoiding the issues of Best Execution with fragmented liquidity across various markets, which is a significant barrier to retail entry.
Stay ahead of the industry with exclusive feature stories on the top companies, expert insights and the latest news delivered straight to your inbox. Subscribe today.
More than four million individual investors throughout Europe can now use Equiduct's zero-commission Apex service to get on-exchange, pre-trade transparent Best Execution in these ETFs.
Wail Azizi, Managing Director & Global Head of Growth at Equiduct, said, “This is a thrilling launch for Equiduct as we continue to expand while democratising trading for retail investors who will now have access the hottest ETFs on the market. ETFs can provide easy and cost-effective investment opportunities to the millions of retail investors accessing the market through Equiduct. Challenging the status quo by breaking barriers and bringing unparalleled commission-free Best Execution to the retail community across the world is part of our DNA and we will continue to do so.”
Equiduct, which is already known for its innovative stock trading solutions for retail clients, has added 436 ETFs and ETPs to its Apex Best Execution service. These products include thematic ETFs and leveraged ETPs from 13 different issuers, and they cover diverse asset classes and countries. Phase one of the project is already operational, with approximately 321 ETFs; phase two will be completed in early 2022, with an additional 215 ETFs.
“We are pleased to see that a significant number of Lyxor ETFs on several asset classes have been selected by Equiduct for this initiative aiming at improving the access of retail investors to ETFs across Europe. Lyxor has made the ability to provide cutting-edge, innovative and cost-effective solutions for retail, intermediaries and IFAs a priority in its product strategy.” commented Marcello Chelli, European Head of Distribution and Retail at Lyxor ETF.
More in News


