RQD Clearing is a technology-driven correspondent clearing and custody firm based in New York City. Founded in 2021, the company has its roots in the options markets and aims to tackle modern challenges in post-trade processing. As a Series A-stage startup, RQD has successfully raised $10 million in funding from notable investors, including Nyca Partners and Abn Amro Clearing. The firm specializes in clearing, custody, and execution services for listed equities, options, and exchange-traded funds (ETFs). RQD offers scalable, cloud-based solutions designed for secure and efficient securities processing, along with risk management expertise derived from its market-making background. The company targets broker-dealers and financial institutions, providing advanced technology and flexibility to navigate the complexities of the U.S. markets. Key leadership includes industry veteran Frank Wanzor, who brings extensive experience in compliance and risk management.