August 03, 2021 - Multi-asset Prime of Prime Liquidity Provider Equiti Capital has announced that it has received a $10 million (USD) increase in share capital with a cash injection from its parent Equiti Group. The company said in a statement that, "the increase in share capital will strengthen Equiti UK’s balance sheet and support a number of strategic business expansion initiatives underway."
The company also confirmed that there will be no change in control as a result of the new share issue, as this is a direct subscription from Equiti Group Limited, the parent company which wholly owns Equiti Capital UK.
In May this year, Equiti bolstered its with the addition of NatWest as a second prime broker to the firm. The company stated then that onboarding NatWest Markets will help to facilitate Equiti Capital FX Desk’s ability to provide liquidity in FX derivatives including NDFs, forwards, swaps, vanilla and exotic options.
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