Marco Polo and Rosenblatt Ally to Offer Foreign Brokers Enhanced Trading Services and Distribution to US Institutional Customers
NEW YORK, Nov. 14, 2022 /PRNewswire/ -- Marco Polo Exchange ("MPX") is delighted to announce an agreement with Rosenblatt Securities to expand the distribution and execution services available to MPX's client base of foreign securities firms accessing US markets under SEC Exchange Act Rule 15a-6. As part of the collaboration, MPX will offer its industry-leading chaperone and distribution automation solution to Rosenblatt's existing universe of chaperoned brokers. In turn, Rosenblatt will offer MPX's customers privileged access to Rosenblatt's US and international equity trading services and extensive buy-side relationships. "We have long been an advocate of expanding US institutional investor access to the universe of international investment opportunities and have offered bespoke services to a dozen or so leading foreign brokers for the past several years to foster that," said Joe Gawronski, CEO of Rosenblatt Securities. "MPX has invested heavily in technology and created the industry-leading compliance and distribution solution for foreign brokers. With the scale its portal has achieved through onboarding dozens of clients already, offering our foreign broker partners the opportunity to leverage MPX's centralized distribution and agile compliance platform is a no-brainer." Rosenblatt's Head of Execution Services, Jourdain Frain, added: "And it's a perfect match as we can continue to serve our foreign broker partners' US and international equity execution needs, as well as open up Marco Polo's existing roster of broker offerings to our large US buy-side [...]