Quadriserv

Quadriserv is a US-based electronic trading platform that helps clients lend and borrow stock for settlement of short sales and other purposes.[1][2] It is headquartered in New York and is the holding company for its subsidiary, Automated Equity Finance Markets (AQS).

History

Quadriserv was founded in September 2001. Joseph Weinhoffer was the company's co-founder and served as its CEO between 2007 and 2009.[2]

Quadriserv's wholly owned subsidiary Automated Equity Finance Markets, Inc. operates what it regards as the world's largest central counterparty based lending market.[3][4][5]

In 2009, it entered into an alliance with Direct Edge.[6] In 2010, it integrated AQS with SunGard's Loanet Smart Loan.[7][8]

Management

Joseph Weinhoffer is the company's co-founder and was its CEO in 2007.[2][9] Tom Perna was the company's CEO in 2009, and Bruce C. Turner, a former Nasdaq and CIBC World Markets trading executive, was the company's president and COO in 2011.[1][10][11]

References

  1. 1 2 Smith, Randall (November 23, 2011). "Groupon Shares Backpedal". The Wall Street Journal. Retrieved April 22, 2014.
  2. 1 2 3 "The Legends; Joe Weinhoffer". Global Custodian. March 17, 2013. Retrieved April 22, 2014.
  3. ↑ Robert A. Schwartz; John Aidan Byrne; Gretchen Schnee (2012). Rethinking Regulatory Structure. Retrieved April 22, 2014.
  4. ↑ SEC Docket. United States Securities and Exchange Commission. Retrieved April 22, 2014.
  5. ↑ "Quadriserv Offers HFs Direct Access to AQS". Institutional Investor. March 18, 2010. Retrieved April 22, 2014.
  6. ↑ "Direct Edge Inks Stock Lending Deal". Institutional Investor. July 16, 2009. Retrieved April 22, 2014.
  7. ↑ "SunGard Extends Loanet Integration With Quadriserv's AQS". Wallstreetandtech.com. October 6, 2010. Retrieved April 22, 2014.
  8. ↑ "Quadriserv expands relationship with SunGard to support securities lending initiatives | Financial Industry & Algorithmic Trading News". Automated Trader. May 8, 2013. Retrieved April 22, 2014.
  9. ↑ Alpha. Retrieved April 22, 2014.
  10. ↑ Security Dealers of North America. 2010. Retrieved April 22, 2014.
  11. ↑ Gregory Bresiger. "Boosting Securities Lending at Quadriserv". Traders Magazine. Retrieved April 22, 2014.
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