The institutional prime brokerage arm of the Equiti Group, Equiti Capital UK, announced this Thursday that it has partnered with oneZero Financial Systems, in order to offer its liquidity services to a wider client base.
Equiti Capital UK has been actively expanding its operations, with today’s announcement being another step for the prime brokerage unit along this journey. Under the agreement, Equiti Capital joins the oneZero Ecosystem.
Equiti Capital joins numerous oneZero members
The oneZero Ecosystem is a distribution channel of multi-asset class liquidity. It encompasses over 200 participants, including banks, brokerages, and various hedge funds. It is the largest global network of multi-asset class liquidity and a highly progressive model both in terms of software and the access it provides to a broad list of derivative products.
Commenting on the partnership, Mitesh Vaghela, the Director of Product at Equiti Capital, said: “For a Broker of Equiti’s size, it is only natural to partner with the likes of oneZero and become a oneZero EcoSystem participant both in LD4 and TY3.”
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“oneZero’s margin and REST API facility, along with their ability to cater to multi-asset use cases, will help Equiti long-term. I have been impressed from afar of how the platform and EcoSystem has evolved and look forward to working with them.”
The partnership with oneZero is apart of the firm’s ongoing work in its London operations. Namely, the prime brokerage has been making approvements across its liquidity and risk management divisions, as well as its product and deal operations units.
“Our aim is to serve our clients with their choice of technology, and oneZero has been one of the most popular providers in the industry for the last few years offering state of the art technology and reporting systems,” added Mohammad Isbeer, Global Head of Brokerage Sales at Equiti.
“This partnership will allow us to connect directly with our clients on the EcoSystem and unlocks great opportunities for us to work closely with brokers and stream liquidity through a new reliable venue.”