Quadriserv鈥檚 AQS swells by 125 per cent
14 April 2012 New York
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Quadriserv鈥檚 AQS saw a 125 per cent growth in average daily notional balance compared to the first quarter in 2011.
Quadriserv's AQS is an all-electronic, direct access securities lending market in the US, offering automated trading in over 5,000 underlying equity, ETF and ADR products.
Recent people moves also include the appointment of Pat Cestaro and Bruce Turner, previous president and chief operating officer, to the position of co-CEOs.
A statement from Quadriserv said: 鈥淎t a recent SIFMA Automated Trading in 麻豆传媒 Lending Educational panel, event participants from across the industry agreed that automation is now an integral part of equity financing. Momentum continues to build behind the AQS model.鈥�
Quadriserv's AQS is an all-electronic, direct access securities lending market in the US, offering automated trading in over 5,000 underlying equity, ETF and ADR products.
Recent people moves also include the appointment of Pat Cestaro and Bruce Turner, previous president and chief operating officer, to the position of co-CEOs.
A statement from Quadriserv said: 鈥淎t a recent SIFMA Automated Trading in 麻豆传媒 Lending Educational panel, event participants from across the industry agreed that automation is now an integral part of equity financing. Momentum continues to build behind the AQS model.鈥�
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