- MCAP ( OTCPK:MCAP ) acquires QwickBonds from Monroe Financial Partners and its affiliate, QwickRate.
- MCAP continues to position itself as a leading customer service-driven financial technology company.
- David Menn, CEO commented, "The addition of the QwickBonds trading platform and its application software will enhance our trading technology product offerings for existing and new institutional customers. QB is a fixed income trading platform focused on the needs of US community banks, credit unions and institutional investors with live offerings in thousands of fixed income securities. The combination of QwickBonds existing customer base and our exclusive partnership with QwickRate will provide MCAP with a vast distribution network for multiple fixed income related products and enhance shareholder value."
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MCAP acquires QwickBonds