TS Imagine, a specialist in trading, portfolio and risk management solutions, has integrated its multi-asset EMS with Appital’s bookbuilding platform to provide buyside clients with greater access to liquidity.

The TS Imagine EMS integration is a crucial step to developing the necessary market structures to bring Appital’s bookbuilding platform to equity capital markets participants. The announcement follows the recent Appital collaboration with executing brokers Instinet and Bernstein and in anticipation of Appital’s launch later this year.

Appital gives buyside firms exposure to deal flow opportunities often in excess of multiple days ADV, including in highly illiquid, small and mid-cap stocks, with real-time visibility, full transparency and maximum control over the bookbuilding and deal distribution process. 

Appital users will also be able to execute all deals through the Turquoise MTF, via a single point of access and with seamless straight-through-processing (STP) to over 20 settlement venues.