Our Partners ABN AMRO Clearing Bank, Nyca Partners, and Belvedere Strategic Capital

CLEARING & CUSTODY SOLUTIONS. REDEFINED

Innovation defines today’s capital markets, but the clearing space has not kept pace. We’re bringing the scalability, flexibility and cloud technology required to advance this sector. Learn how and why.

BRINGING ORDER
TO CHAOS

Today’s legacy clearing and custody solutions are inefficient, rigid and costly. With that in mind, we created a modern company to address the primary pain points you feel.

Efficiency is RQD*

Our cutting-edge stack utilizes modern development approaches. We’ve built our technology to address longstanding challenges in this space.

World-Class Support Is RQD*

Our support professionals have spent their careers in the clearing and custody world. We strive to make implementation (and, if necessary, separation) as painless as possible.

Comprehensiveness Is RQD*

Our cloud-based architecture enables a growing suite of tools, bespoke enhancements and extreme scalability. We are a one-stop shop for clearing, custody and execution.

Satisfaction Is RQD*

Through cutting-edge technology, decades of combined expertise and an unwavering commitment to improving the markets for all, we deliver clearing and custody that can help your firm achieve its goals, no matter what they may be.

OUR
STORY

While we’re a recent entrant to the clearing space, RQD was spun out of an established market maker with roots in the options markets. That heritage means we have a deep understanding of risk and technology. It also means we are acutely aware of the challenges that broker-dealers face, which is ultimately what led us to solve them with the launch of RQD – an entity solely dedicated to providing next-generation clearing, custody and execution services built for the modern U.S. markets.

OUR GOAL IS SIMPLE

Deliver scalable, customizable solutions to support clients’ ever-expanding needs. This commitment is present in everything we do, from our use of the latest technology to our painless integration process. We envision a real-time future where clearing is simpler, more powerful and more secure. So that’s what we’ve built.

OUR
PEOPLE

Our leadership team brings extensive experience from the electronic trading space, serving in management roles at many of the industry’s leading firms.

MICHAEL
SANOCKI

Chief Executive Officer

Jon
Fowler

Chief Technology Officer

LISA
BRIDGEFORD

Chief Compliance Officer

Will
Shin

Chief Risk Officer

NICOLAS
LOUIS

Chief Operating Officer

Anthony
DeRosa

Chief Financial Officer

CRAIG
REILLY

Partner

MICHAEL
LANYON

Chief Revenue Officer

BRIAN
DONNELLY

Chairman and Founder

MICHAEL
SANOCKI

Chief Executive Officer

NICOLAS
LOUIS

Chief Operating Officer

CRAIG
REILLY

Chief Revenue Officer

Jon
Fowler

Chief Technology Officer

Jack
Edwards

Chief Financial Officer

Patrick
Carroll

Chief Business Development Officer

Want to learn more about RQD’s suite of services?

Michael
SANOCKI

Chief Executive Officer
Michael Sanocki oversees the strategy and firm-wide operations of RQD. An attorney by training, he previously served as an Attorney at the SEC and in-house Counsel at ISE Holdings. Before the SEC, he was an Associate in Schulte Roth & Zabel’s securities litigation, regulatory and compliance groups. He has extensive experience in securities litigation, regulatory matters and building compliance programs for market making, execution and clearing firms.

JON
FOWLER

Chief Technology Officer
Jon Fowler oversees the development and maintenance of RQD’s proprietary technology. He brings nearly a decade of experience building systems to clear, settle and process equity and options trades in real time. He previously served as Operations Manager at a correspondent clearing broker-dealer.

LISA
BRIDGEFORD

Chief Compliance Officer

Lisa Bridgeford oversees and manages the Compliance Department at RQD. Lisa has been in the securities industry for 40+ years working in a variety of positions. Her previous experience includes senior roles in operations and compliance management at a variety of firms mainly concentrating on the compliance side of the clearing industry.

WILL
SHIN

Chief Risk Officer

Will Shin oversees and manages risk exposure for RQD.  He has over 30 years of experience in the securities industry across the US, Europe, and Asia. His previous experience includes senior roles in risk management, options market making, quantitative engineering, trading systems development, regulatory compliance, and business operations.

NICOLAS
LOUIS

Chief Operating Officer
Nicolas Louis manages the day-to-day functions of RQD. As the former President of a correspondent clearing broker-dealer, he has nearly 15 years of experience and a keen understanding of the technology, compliance and business considerations necessary to serve this community. He began his career in his native France, where he was an M&A research analyst for Rothschild Banque.

ANTHONY
DeROSA

Chief Financial Officer

Anthony DeRosa manages and oversees all financial reporting for RQD* Clearing LLC. He previously served as Accounting Manager for RQD where he served this role for 2 years. Before that, he held a Manager position at RSM US LLP where he primarily focused on auditing clearing broker dealers in accordance with PCAOB standards and was part of the firm’s leadership in the Capital Markets practice.

CRAIG
REILLY

Partner

Craig Reilly has over 20 years of industry experience in listed options, equities and clearing. He previously held senior roles at LiquidPoint and Knight Capital Group. Craig began his career in 1999 at Israel A. Englander & Co. as a member of the American Stock Exchange.

MICHAEL
LANYON

Chief Revenue Officer

Michael Lanyon oversees sales and revenue growth at RQD. With Over 20 years of experience in the custody and clearing space, Michael has held senior roles at Penson Financial Services, where he oversaw the Relationship Management Team, and Apex Clearing, where he managed the Domestic and Global Sales Teams. He has extensive experience with scaling growth in the clearing industry.

BRIAN
DONNELLY

Chairman and Founder

Brian Donnelly is the Founder and Managing Member of Volant Holding, from which RQD spun out. At RQD, he provides strategic input and oversight. Before launching his own firm, he held various senior roles, founding UBS’ global electronic volatility trading business and co-heading Goldman Sachs’ European options market making division. He began his career as a market maker on the Cboe floor with Hull Trading.

JACK
EDWARDS

Chief Financial Officer
Jack Edwards manages all financial actions for RQD. He previously served as CFO at Point Capital Partners and retained his role following its acquisition by CAVU Securities in 2013. Before that, he held various senior roles in financial and regulatory reporting, including at Nomura, HSBC, Deutsche Bank, Morgan Stanley and Blackstone, where he played a key role in bringing the firm public in 2007.

PATRICK
CARROLL

Chief Business Development Officer

Patrick Carroll has over 40 years of experience in the capital markets. He was one of the founders and owners of Compass Professional Services, an execution and CMTA clearing provider that was acquired by RQD in 2017. Before that, he spent many years at Cboe, where he held roles ranging from clearing to execution and ultimately rose to VP of Operations.