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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.
Citigroup 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 investors.
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.
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 can face the time and cost impact of having to establish their own AP network from scratch.
Jason 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 experience.”
Founded by 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.
