RQD Clearing provides correspondent clearing, custody and execution solutions for broker-dealers, foreign financial institutions, and proprietary trading firms. Its platform is cloud-native and real-time, which the company says enables rapid platform enhancements, regulatory adaptation, and scalable implementations. RQD supports portfolio margin as well as U.S. equities, options, ETFs and other securities. The firm targets clients that service retail, institutional, and active traders, and aims to onboard larger clients as it grows. RQD is led by CEO Michael Sanocki and plans to use recent funding to expand its service offering and global reach. The articles do not disclose revenue or other operating metrics. RQD Clearing operates a proprietary, cloud-native correspondent clearing platform that delivers clearing, custody, and execution solutions. Since launching in 2021, its real-time platform processes billions of dollars in notional U.S. equity and options trading activity daily. The platform supports U.S. equities, options, ETFs, portfolio margin and other securities, and is designed to be flexible, cost-effective, and tailored to clients' needs. RQD has attracted numerous clients across its clearing and execution business lines and recently received FINRA approval to offer portfolio margin for equities and options. Built for scalability, the company emphasizes rapid enhancements and adaptation to regulatory changes. With the new strategic support, RQD intends to accelerate growth and further enhance its clearing and execution solutions.

Total raised

$10M

Funding rounds

2

Latest round

Series A

Latest activity

Oct 2023