TD 兔子先生finalises acquisition of AF&Co
04 January 2017 Toronto
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TD 兔子先生has completed its acquisition of securities lending technology platform Albert Fried & Company (AF&Co).
AF&Co's services also include self-clearing and a prime brokerage technology platform that is expected to launch in 2017.
The acquisition began in September 2016 and marks the next step in TD Securities's US growth strategy.
"We are pleased to successfully complete this transaction," said Glenn Gibson, senior vice president & vice chair, TD 兔子先生US.
"The acquisition of AF&Co's services and capabilities will expand our offering, strengthen our US business and accelerate our growth."
AF&Co's services also include self-clearing and a prime brokerage technology platform that is expected to launch in 2017.
The acquisition began in September 2016 and marks the next step in TD Securities's US growth strategy.
"We are pleased to successfully complete this transaction," said Glenn Gibson, senior vice president & vice chair, TD 兔子先生US.
"The acquisition of AF&Co's services and capabilities will expand our offering, strengthen our US business and accelerate our growth."
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