Quadriserv Inc., a provider of market data, technology and transaction solutions to the securities lending industry, has reached an agreement with Options Clearing Corp. to operate a centralized securities lending platform pending regulatory approvals, according to a spokesman.
Options Clearing will provide clearinghouse services for all securities lending transactions submitted through Quadriserv’s electronic, centralized Automated Equity Finance Markets, or AQS, securities lending platform for domestic equities, according to a Quadriserve news release.
