DUBAI, UAE and LONDON, January 26, 2015/ PRNewswire — Quod Financial announced today that Arqaam Capital (“Arqaam”), the specialist emerging markets investment bank, went live with its Adaptive Execution Platform (“AEP” or “the platform”). AEP provides Arqaam with a comprehensive trading and execution solution covering order management, client connectivity, algorithmic trading and market making for equities and derivatives with complete UAE-based market connectivity (DFM, ADX and NASDAQ Dubai).
A second phase will see Arqaam and Quod Financial grow their partnership to cover global markets. Meanwhile, the two firms will continue working together to provide new institutional trading and execution solutions to the fast growing Middle East capital markets.
Dennis Wijsmuller, COO of Arqaam Capital, said: “As we continue to expand our reach and see our trading volumes grow, it is vital for us to have the very best trading and execution platform so that we can provide our clients with seamless capabilities across a range of markets. AEP not only meets our needs today but it is an advanced and scalable platform that enables us to grow with our clients, helping us strengthen client relationships over the years to come.”
Ali Pichvai, CEO of Quod Financial, said, “We are proud to have Arqaam, a leading emerging market investment bank, as a client. The entry of UAE and Qatar into the Emerging Market index, as well as the investment by the GCC exchanges to bring in world-class technologies, have greatly accelerated the institutional flow into the region. This has reinforced the need to invest in innovative trading and execution systems similar to other major capital markets. Arqaam has demonstrated that it has the vision to invest and capture the institutional market, and we hope to provide them with the vehicle to continue their rapid growth”.
About Arqaam Capital
Arqaam Capital is a specialist emerging markets investment bank, bringing regional and international product offerings to Emerging Markets. Arqaam Capital combines international best practice with regional expertise and creates investment opportunities primarily for Middle Eastern investors looking to invest in the region and internationally, and for international investors looking for opportunities in Emerging Markets. Arqaam Capital has strong roots in the Middle East with a regional shareholder base which includes institutions, family offices and high net worth individuals. Arqaam Capital is headquartered in the Dubai International Financial Centre (DIFC) and operates out of offices in Dubai, Beirut, Johannesburg, Cairo, and Tripoli. Arqaam Capital has ten business lines – Corporate Finance, Public Securities Asset Management, Infrastructure Asset Management, Principal Finance, Cash Equity, Credit Trading, Equity Derivatives, Treasury and Custody.
About Quod Financial
Quod Financial delivers adaptive trading technologies into the financial community. Its multi-asset adaptive technologies enable financial institutions to dynamically seek liquidity across transparent and non-transparent venues, reduce market impact and build complex execution and trading strategies. Quod Financial is headquartered in London with offices in Paris, New York and Hong Kong. For more information, please visit http://www.quodfinancial.com .
Contact: Liza Shliakhova +44(0)20-7997-7024 liza.shliakhova@quodfinancial.
Source: Arqaam Capital and Quod Financi