NEW YORK–(BUSINESS WIRE)–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.
“I’m excited to join the RQD team at this crucial point in its growth”
With two decades of experience, Mr. Lanyon is known for his ability to build strategic partnerships in this space. His track record of growing sales teams, driving high-touch sales, and relationship management makes him an asset to RQD’s management team.
Michael Sanocki, CEO of RQD, commented, “Michael’s ability to drive results and his commitment to fostering lasting client relationships makes him a key addition to the RQD team. In an industry where trust is paramount, Michael’s transparent, reliable, and client-centric focus sets him apart from others. His dedication to understanding the unique needs of each client coupled with RQD’s modern tech stack and ability to build bespoke solutions will usher in a level of service not seen elsewhere in the clearing industry.”
“I’m excited to join the RQD team at this crucial point in its growth,” said Mr. Lanyon. “My whole career has been about partnering with financial services companies in innovative ways to create successful growth and outcomes. When meeting the RQD management team and seeing the next generation clearing platform they have built, it was an opportunity I could not pass up. I am very excited to help grow their clearing platform in the brokerage and fintech communities.”
As RQD’s new Chief Revenue Officer, Mr. Lanyon’s leadership will reinforce RQD’s commitment to excellence, innovation, and client satisfaction. Mr. Lanyon’s appointment underscores RQD’s dedication to assembling a team of industry leaders who will play a pivotal role in shaping the future of financial infrastructure for established broker dealers and growing fintechs.
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 and fintechs that service retail, institutional, and active traders, foreign financial institutions, and proprietary trading firms.
RQD Clearing, LLC