New York, NY, Sept. 14, 2022 (GLOBE NEWSWIRE) — RQD* Clearing (“RQD”), a next-generation correspondent clearing supplier, as of late introduced that it has partnered with Atomic Vaults, a soon-to-launch retail buying and selling generation platform subsidized by means of Sam Bankman-Fried and Founders Fund. Through leveraging RQD’s cloud-native generation stack to reinforce clearing, agreement and asset servicing, Atomic Vaults objectives to open get entry to to the United States listed-options marketplace and supply precision and versatility by no means in the past to be had to retail traders.
“We based Atomic Vaults as a result of we discovered that Wall Boulevard hedge budget have get entry to to methods and merchandise out of succeed in from the common pocket-size,” mentioned Ming Zhao, founding father of Atomic Vaults. “We temporarily discovered our answer required a posh customized construct under-the-hood and that we would have liked a nimble spouse keen to construct unconventionally with us. We spoke with many clearing corporations however RQD was once the one one with each the cutting edge mindset we had been looking for and technical features to permit our product group to sleep simple at evening. We’re psyched to be development Retail Buying and selling 2.0 in combination.”
RQD’s fashionable generation stack was once constructed for flexibility, permitting it to reinforce the first-of-its-kind features Atomic Vaults is bringing to marketplace. The RQD API was once enhanced to reinforce bespoke buying and selling methods, which allows Atomic Vaults to leverage the whole thing from RQD’s real-time interface to its books and data. RQD additionally gives the precise compliance, clearing features and experience wanted for the game-changing Atomic Vault initiative.
“RQD prides itself in bringing fashionable applied sciences to the clearing area. We’re proud to provide our experience to corporations in any respect phases in their existence cycle, particularly startups whose challenge is to disrupt their phase of the business,” mentioned Jon Fowler, Leader Generation Officer of RQD. “We’re delighted by means of our new partnership with Atomic Vaults, and we stay up for supporting them of their dedication to open the suggestions marketplace to retail traders who would possibly in a different way no longer be capable of take part. Whilst this primary step is thrilling, the opportunity of extra is what we’re truly taking a look ahead to.”
These days in procedure with FINRA to realize registered dealer/broker standing, Atomic Vaults is expecting release in This autumn 2022.
“Many investors as of late in reality began buying and selling crypto first and once they got here to standard markets – or TradFi – they had been stunned by means of all of the issues they couldn’t do by means of comparability,” mentioned Zhao. “RQD and Atomic Vaults are right here to switch TradFi.”
About RQD Clearing
RQD* Clearing is a next-generation correspondent clearing supplier, offering complex clearing, custody, and execution answers constructed for the trendy markets. With the business’s first and most effective answer constructed totally on cloud-native, real-time generation, the company can temporarily and seamlessly improve the platform, mitigate rising cybersecurity threats and be offering a extra environment friendly implementation that scales as purchasers develop. Supporting U.S. equities, suggestions, and ETFs, RQD caters to broker-dealers that provider retail, institutional and lively investors, overseas monetary establishments, and proprietary buying and selling corporations. For more info, consult with www.rqdclearing.com.