The Securities Quote Xchange (SQX) entered the data transfer business July of 1997. We discovered a problem the securities industry was having in sending and receiving broker/dealer generated security quotes. These prices were being sent via faxes, emails and telephone calls. These end-of-day prices were being used to calculate mutual fund net asset values. The accuracy of hand written faxes and misinterpreted telephone conversations raised the question about the actual true valuations of these securities. The fund managers were looking for a way they could receive all their quotes in one file.
We developed a sophisticated Internet software program and database that would allow broker/dealers' daily pricing files to be uploaded into a secure password protected web site that could be viewed by the buyside Pricing Analyst. From beginning to end, these prices can be streamed out of a dealer's database and linked to the funds accounting system, supporting the move to STP (Straight Through Processing). Major financial institutions across the country are utilizing SQX's products to speed collection of daily prices, maintain reliable audit trails and reduce resource costs associated with gathering securities information. SQX has recently developed a similar delivery system for Swaps and OTC Options.
Contact Us
The Securities Quote Xchange, LLC
James K. Blinn
452 N. Eola Road, Suite B
Aurora, IL 60502
Telephone: 630-870-1101
Fax: 630-692-6044
jimb@sqx.com
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SQX Advisory Board
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Anil Joshi: Founder and CEO of AnalyticsPlus, a Chicago based quantitative analysis firm serving insurance and health care markets. He was a senior Managing Director at Zacks Investment Research Company before founding his firm and prior to that he was an Assistant Professor and Director of the Pre-doctoral Research Program at the Harvard School of Dental Medicine. Mr. Joshi has 20 plus years of experience in health care and financial research, quantitative analytics, and financial derivatives markets involving among other things the OTC Options market.
Ed Evans: CEO and Managing Partner of the Omega Group; an international technology management consulting Company. Mr. Evans is a Senior Executive with 25 plus years' experience at CEO-COO level positions in Fortune 500 and smaller to midsize businesses. He is an international conference speaker participating with Wall Street Weekly, CNBC and the State Department joint Russian - United States Technology exchange.
James Blinn: Jim has spent over the last 30 years involved in the Financial Services industry, with 6 years as a broker with Merrill Lynch and 16 years with Franklin Templeton Mutual Funds. Mr. Blinn is currently CEO of Securities Quote Xchange, LLC. He is a graduate of Golden Gate University in San Francisco.
Peter Harker: Peter is an entrepreneur and software architect. For the last 20 years he has been involved in both the buyside and sellside, focusing on new technology enhancing middle and front office systems related to fixed income security markets. He received his MBA at Boston University and his undergraduate degree at the University of Florida.
Richard Crane: Mr. Crane is President and CEO of Thatcher & Co. a Real Estate and software development company.
Scott Bradley: President of Investortools, Inc. a developer of fixed income portfolio management, performance attribution and credit surveillance software. He received his MBA from Northwestern University's Kellogg School of Management and his undergraduate degree from Vanderbilt University.
Tom Blinn: Mr. Blinn has held senior executive positions at GTE Lenkurk, Plantronics, SBE Communications and Badger Technology. He graduated from UCLA with an MBA and now is a professor teaching classes in finance and marketing at Los Positas College.
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