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]

gollark: Wow, it's working perfectly.
gollark: It is. Try it.
gollark: discord-irc obviously.
gollark: I'll patch the bridge code AGAIN.
gollark: ++tel hangup

References
  1. Smith, Randall (November 23, 2011). "Groupon Shares Backpedal". The Wall Street Journal. Retrieved April 22, 2014.
  2. "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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