Questrade Inc. and INFOR Financial Inc., an independent investment bank, announced a strategic partnership on Wednesday. Both firms are based in Toronto.
The arrangement will allow Questrade’s retail brokerage customers to access INFOR Financial’s newly issued security offerings, and give INFOR Financial’s corporate clients a new way of raising capital.
“Access to new issues from INFOR Financial expands the options we can provide to our customers, and we are excited to be working with one of Canada’s leading independent investment banking advisory firms,” Edward Kholodenko, president and CEO of Questrade, said in a statement.
INFOR Financial is a registered investment dealer with the Investment Industry Regulatory Organization of Canada.