Quod Financial launches range of features tailored for the US sell-side
“Imagine all your vendors were replaced with a single multi-asset, multi-desk solution on the cutting edge of technology. A system as mature as your current platform with none of the technology limitations. Improved workflows and best in class technology and immediate cost saving.”
Quod Financial, a prominent global provider of technology solutions for trading across various assets, is enhancing its foothold in the US market.
The company is introducing a suite of innovative features designed specifically for US sell-sides. This move builds upon Quod Financial’s existing presence and reflects its dedication to delivering advanced trading solutions that cater to the distinct requirements of the US market.
Quod Financial’s recent update introduces a range of features tailored for the US context:
- Introduction of Convertible Bonds and ADRs
- Implementation of a complete regulatory reporting suite (TRF, ORF, TRACE, CATs)
- Addition of new US Market-Making capabilities
- These enhancements supplement the already established O/EMS, enabling a seamless transition from multiple vendors to a single, comprehensive cross-desk solution, leading to substantial cost savings.
Convertible Bonds: The platform facilitates seamless execution of dual-leg CB/Equity orders on and off the market, with features like an Excel-style watchlist, multi-leg orders, TRACE reporting, and more.
ADRs: Quod Financial enables trading of US-listed securities representing non-US companies, complemented by automated FX Hedging for efficient currency risk management.
US Compliance: A full suite automates the management of various regulatory frameworks, including TRF, ORF, TRACE, CAT, 15c3-5, locate workflow, ISO sweep, and 605/606.
Market Connectivity: Direct market certification is available for member trading on Equities and Futures markets, in collaboration with major US brokers for non-member trading.
Medan Gabbay, Chief Revenue Officer at Quod Financial, said: “Imagine all your vendors were replaced with a single multi-asset, multi-desk solution on the cutting edge of technology. A system as mature as your current platform with none of the technology limitations. Improved workflows and best in class technology and immediate cost saving.”
With the latest enhancements, Quod Financial offers a comprehensive sell-side Order and Execution Management System (O/EMS) with consolidated handling of Equities, Derivatives, ADRs, Convertible Bonds (CBs), FX, and more within a unified system. The platform features algo, automation, and market-making capabilities and full compliance with US regulations, encompassing TRF, ORF, TRACE, and CAT.
Quod Financial offers a diverse range of software and services, such as O/EMS, Algorithmic Trading, Smart Order Routing, and Internalization of Liquidity. The firm leverages AI and ML to enhance trading automation across liquidity venues, exchanges, retail brokers, Buy-Side, and Sell-Side institutions.