Breaking: Divisa Capital Raises US$100 million
- Divisa is aiming to use the funds to aggressively expand its institutional liquidity business.
Institutional foreign exchange and CFDs Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term provider Divisa Capital has announced that it has raised an additional $100 million to expand its business. The main investor in the company is a Saudi Arabian family office that has provided $70 million.
Divisa Capital is aiming to enhance its liquidity offering and deliver to its clients new products and services. The funding from the Gulf region is subject to regulatory approvals.
To achieve the full $100 million, Divisa Capital turned to a consortium of investors from Saudi Arabia and the United Arab Emirates. The additional tranches are set to be completed later in 2017 and are also subject to regulatory approval.
Commenting on the news, the CEO of Divisa Capital, Mushegh Tovmasyan, said: “Over the past eight years, Divisa Capital has established itself as the brokerage of choice for a diverse range of institutional and professional clients.”
“We are now ready to expand our capital base in readiness for the next phase of the company’s journey. Our ability to attract investment of this scale speaks volumes for Divisa Capital’s market position and future outlook,” Tovmasyan explained.
The company is aiming to boost its relationships with prime brokers and to set up bilateral partnerships that offer clients enhanced liquidity.
Divisa Capital was founded in 2008 and has become one of the fastest growing non-bank Liquidity Providers Liquidity Providers A liquidity provider (LP) constitutes either individual and/or institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as the both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profi A liquidity provider (LP) constitutes either individual and/or institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as the both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profi Read this Term in the industry in recent years. The company’s position became more attractive in the aftermath of the Swiss National Bank crisis, as prime brokers have significantly tightened their requirements for credit lines.
Foreign exchange brokerages that operate via an agency model use credit lines to access the market via prime brokers that deliver liquidity to the end client.
Institutional foreign exchange and CFDs Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term provider Divisa Capital has announced that it has raised an additional $100 million to expand its business. The main investor in the company is a Saudi Arabian family office that has provided $70 million.
Divisa Capital is aiming to enhance its liquidity offering and deliver to its clients new products and services. The funding from the Gulf region is subject to regulatory approvals.
To achieve the full $100 million, Divisa Capital turned to a consortium of investors from Saudi Arabia and the United Arab Emirates. The additional tranches are set to be completed later in 2017 and are also subject to regulatory approval.
Commenting on the news, the CEO of Divisa Capital, Mushegh Tovmasyan, said: “Over the past eight years, Divisa Capital has established itself as the brokerage of choice for a diverse range of institutional and professional clients.”
“We are now ready to expand our capital base in readiness for the next phase of the company’s journey. Our ability to attract investment of this scale speaks volumes for Divisa Capital’s market position and future outlook,” Tovmasyan explained.
The company is aiming to boost its relationships with prime brokers and to set up bilateral partnerships that offer clients enhanced liquidity.
Divisa Capital was founded in 2008 and has become one of the fastest growing non-bank Liquidity Providers Liquidity Providers A liquidity provider (LP) constitutes either individual and/or institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as the both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profi A liquidity provider (LP) constitutes either individual and/or institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as the both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profi Read this Term in the industry in recent years. The company’s position became more attractive in the aftermath of the Swiss National Bank crisis, as prime brokers have significantly tightened their requirements for credit lines.
Foreign exchange brokerages that operate via an agency model use credit lines to access the market via prime brokers that deliver liquidity to the end client.