Appital

Appital is a UK-based fintech company reimagining block trading for institutional investors by providing a proactive liquidity network for asset managers navigating fragmented equity markets. The platform enables buy-side firms to gain full control over the entire bookbuilding process — from liquidity discovery through price formation and execution — for large blocks in less liquid securities, without market impact or the risk of price erosion. Built by a team with deep expertise across finance and technology, Appital integrates with major industry participants including Bloomberg, FactSet, FlexTrade, Instinet, Turquoise, and Virtu, and operates the Appital Turquoise BookBuilder. The platform serves major institutional investors including Norges Bank Investment Management and Invesco. Appital was co-founded in mid-2018 by CEO Mark Badyra and CTO Pete Correia, and won the Fintech of the Year award at The Trade's Leaders in Trading Awards in 2022.