– USA. NY – RQD Clearing, LLC, a leading correspondent clearing services provider, announced the appointment of Tom Miglis to its Board of Directors following a Series A financing round led by Nyca Partners and ABN Amro Clearing Investments.
Tom Miglis is the former CIO of Citadel and current Investment Partner at Nyca Partners and is renowned for his innovative approach to integrating technology with trading systems and improving market efficiency. His association with RQD marks a significant step in advancing RQD’s mission to deliver innovative clearing solutions.
Tom Miglis said, “Clearing firms have remained stagnant and unable to modernize due to their reliance on outdated, third-party technology. By controlling its codebase, RQD can build unique solutions giving market participants exactly what they want.”
About RQD Clearing
RQD is a modern correspondent clearing provider that offers clearing, custody, and execution solutions designed to meet the needs of today’s dynamic market participants. Built entirely on cloud-native, real-time technology, RQD can quickly and seamlessly enhance its platform, adapt to regulatory changes, and offer a more efficient implementation that scales as clients grow. In addition to portfolio margin, RQD supports U.S. equities, options, ETFs, and other securities, catering to broker-dealers that service retail, institutional, and active traders, foreign financial institutions, and proprietary trading firms.
For more information: https://rqdclearing.com/
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