TD Bank today announced the closing of the previously announced acquisitions of the securities trading technology platform and U.S. listed equity options market-making businesses of the Stafford group of firms, and the LETCO group.

“We view the acquisitions of Stafford and LETCO as an important strategic initiative for TD Bank Financial Group,” said Donald Wright, vice chair, Wholesale Banking, TD Bank Financial Group.

“Combining the expertise, knowledge and technology platform of Stafford and LETCO with the skills and resources of TD Bank Financial Group, provides us with a tremendous growth opportunity, and allows us to leverage TD Waterhouse’s customer base and its accompanying equity options order flow.”

Now wholly owned by TD Bank Financial Group, Chicago-based Stafford and LETCO are recognized as two of North America’s leading equity options market-making firms.