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The investment round was led by Dialectic Capital Management and was supported by investors Inkef Capital and Anthemis
The trades were conducted by BMO, CIBC, RBC, Scotiabank and TD
The services will offer emerging funds and other large institutions the necessities to clear, custody, execute, and finance US equities and options
The firm will use the NSCC's clearing infrastructure, the DTC's settlement functionality, as well as Aurora’s trading and lifecycle automation
The offering allows users to manage all aspects of the SLB process directly through the xCube application, removing the need to engage a broker
The round includes contributions from existing shareholders such as BNP Paribas, BNY Mellon, Citigroup, Deutsche Börse Group, Goldman Sachs and J.P. Morgan
The firm says the latest enhancements will expand its capability to replicate prime brokerage margin across a diverse array of policy types
