RQD Clearing
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Founders
About
RQD Clearing (stylized RQD*) is a technology-driven clearing and custody firm serving broker-dealers, RIAs, and foreign financial institutions accessing U.S. markets 1. The company operates proprietary cloud-based clearing infrastructure and reports processing 543 million ledger transactions year-to-date, representing approximately 2.43% of NMS equities market share 23. RQD Clearing was founded in 2021 and maintains offices at 1 World Trade Center in New York and 425 S. Financial Place in Chicago 14.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| 2026-08-27 | Minority Growth | $74M | Bain Capital Tech Opportunities | ABN AMRO Clearing Bank, Nyca Partners (new); Gentree Fund, Belvedere Strategic Capital (existing) 234 |
What Investors Say
Michael Grandfield, Partner at Bain Capital Tech Opportunities: “Michael and RQD*’s experienced team of industry experts have done an impressive job building the Company into a highly differentiated clearing and custody business.” 3
What Founders Say
Michael Sanocki, CEO of RQD Clearing: “This investment marks a significant milestone for RQD*, validating the platform we have built and the enormous opportunity ahead.” 3
Sources
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RQD Clearing company website, accessed August 2026. https://rqdclearing.com↩↩
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RQD Clearing news, “RQD* Clearing Secures $74 Million Strategic Growth Investment,” August 27, 2026, accessed August 2026. https://rqdclearing.com/news↩↩
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Bain Capital press release, “RQD* Clearing Secures $74 Million Strategic Growth Investment Led by Bain Capital,” August 27, 2026, accessed August 2026. https://www.baincapital.com/news/rqd-clearing-secures-74-million-strategic-growth-investment-led-bain-capital↩↩↩↩
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AlleyWatch, “The AlleyWatch Startup Daily Funding Report: 8/31/2026,” August 31, 2026, accessed August 2026. https://alleywatch.com/2026/08/the-alleywatch-startup-daily-funding-report-8-31-2026/↩↩