The non-banking issuer of structured products wants to capitalise on the multi-issuer platform’s client base to expand its reach.
The London based non-banking issuer of structured products is seeking to expand its reach and capitalise on Luma’s distribution network. The issuer will connect to Luma’s automatic pricing API to respond to price requests automatically and enhance efficiency in the issuance process and offer a more competitive price, according to Joost Burgerhout (pictured) , head of financial products at Marex. “Whilst we do not have a preference, Luma’s approach differs from others and also has a strong track