RQD* Clearing, LLC (RQD), a leading correspondent clearing and custody firm, today announced the appointment of Michael Lanyon as Chief Revenue Officer. Mr. Lanyon joins RQD with a wealth of experience, having previously served as the Global Head of Sales at Apex Clearing, a division of Apex Fintech Solutions.

RQD* Clearing (RQD), a cutting-edge correspondent clearing provider, announced today that it has secured a strategic investment from Belvedere Strategic Capital. The investment helps RQD accelerate its growth and further enhance its industry-leading clearing and execution solutions.

RQD* Clearing (RQD), a next-generation correspondent clearing provider, announced today that it has teamed up with Blue Ocean Technologies (BOT), a unique capital markets fintech leader specializing in global afterhours trading from 8:00 pm to 4:00 am ET. The partnership leverages RQD’s cutting-edge back office clearing infrastructure by introducing real time overnight trade capture, and straight through processing of clearance for Blue Ocean ATS’s overnight session. The transition to RQD became effective on March 1st, 2023.

RQD* Clearing (RQD), a leading correspondent clearing provider, announced today that it has received approval from the Financial Industry Regulatory Authority (FINRA) to offer portfolio margin for equities and options to its clients and their customers. RQD has joined a select group of firms in the United States approved to offer portfolio margin.