Mediobanca becomes a participant in Apex, the retail best execution service operated by Equiduct

Mediobanca announces that it has joined Apex, the pan-European retail best execution service operated by Equiduct, a regulated market under börse berlin. Apex offers commission-free execution for more than 3,000 stocks and ETFs in 12 European markets, guaranteeing high quality standards.

With the integration of Apex, Mediobanca has expanded its offering of trading services and enhanced its execution capabilities, while guaranteeing its clients to have lower operating costs allied to the additional liquidity offered by Equiduct.

Mediobanca is one of the leading Italian brokers to operate in trading services and is the first Italian bank to provide the opportunity to access Equiduct also to third-party banks and brokers.

Through its execution platform, the Bank offers institutional and retail clients access to all the leading European, US and Asian stock markets to trade in equities, ETFs and fixed-income securities.

Equiduct continues to work alongside Italian brokers to ensure that a growing number of individual investors receives the best possible service for the execution of their trades in equities and Italian and European ETFs.

Roberto Romeo, Managing Director, Head of Equity Trading & Structuring at Mediobanca, said: “With the integration of Apex, Mediobanca has enhanced its range of best execution brokerage services and increased the liquidity made available to its customers. This project is testimony to our tireless commitment to improve our value proposition for clients consistent with the strategic pathway undertaken by Mediobanca in the area of innovation”.

Wail Azizi, Chief Strategy Officer of Equiduct, added: “I am pleased to welcome Mediobanca, a leading Italian financial institution, in times of such seismic market infrastructure changes in Italy. Mediobanca’s decision to join Equiduct and start offering agency services for other Italian retail brokers is a testimony to their farsighted market solutions strategy which will help them and their clients improve end-investors execution quality while significantly reducing the execution costs.”

Milan-London, 20 July 2023