Wedbush Securities has collaborated with technology provider Rapid Addition in a bid to enhance the firm’s trading infrastructure.
Mike Powell
The integration sees Wedbush – Wedbush Financial Services’ largest subsidiary – adopt Rapid Addition’s cloud-ready platform, with the aim of streamlining multi-asset trading, risk management, and post-trade processes.
“The move to the cloud not only strengthens our ability to respond to market changes but also significantly enhances how we serve our clients – by improving efficiency, scalability, and integration across all touchpoints of our execution and clearing services,” said Rodrigo Parrode, Wedbush Securities executive vice president and chief operating officer.
“As our business grows, so must our infrastructure. This integration strengthens our ability to scale responsibly, adapt quickly, and uphold the high standards of service and stability our clients expect from Wedbush.”
The firm has also indicated that the collaboration will pave the way for future developments, such as possible expansion into further asset classes and workflows.
Mike Powell, chief executive at Rapid Addition, said: “By helping harness the benefits of cloud and integrating trading process across front and middle-office, the RA Platform will help Wedbush drive efficiency, respond faster to client needs, and scale its trading infrastructure as their business grows.”
The integration marks a further partnership in a string of collaborations for Rapid Addition in recent months. In March 2025, the provider collaborated with the Johannesburg Stock Exchange (JSE) to unveil a new order routing service, JSE-FIX, designed to reduce the cost of sending orders.
Additionally, in February 2025, The TRADE revealed that Rapid Addition had partnered with trading technology firm Adaptive to integrate FIX capabilities into Adaptive’s custom trading technology platforms.