Traders Magazine explores how AI, routing logic, and liquidity competition are reshaping the buy side’s approach to electronic trading and best execution.

Markets Media announced the winners of its 2026 Global Markets Choice Awards, where QwickRoute aRFQ by MCAP received the Best New Product award.

Traders Magazine examines how MCAP’s ETF-specific aRFQ™ protocol brings liquidity processes that traditionally required manual intervention into scalable electronic workflows.

In a sponsored interview with The TRADE, Aaron Kehoe, head of QwickRoute at MCAP, discusses how ETF growth has outpaced trading protocols and how automated liquidity discovery can modernise execution workflows.

MCAP Inc. reported fourth quarter 2025 diluted earnings per share of $0.13, up 40% quarter over quarter, with EBITDA of $4.7 million. For full year 2025, the company reported $105 million in revenue, $75 million in Net Trading Income, $21 million in EBITDA, and full year earnings per share of $0.59, while its Platform Solutions division, including QwickRoute, grew revenue 140% year over year.

MCAP Inc. announced a $0.10 dividend per common share. The dividend was approved by the Board of Directors, is payable on April 15, 2026, and will be paid to shareholders of record as of the close of business on April 1, 2026.

MCAP Inc. announced growing institutional adoption of aRFQ™, an automated execution protocol available on its QwickRoute platform. The protocol is now used by over 50 institutional clients and engages 15 liquidity providers, delivering competitive auction-based ETF execution within electronic trading workflows.

MCAP Inc. announced a $0.10 per-share dividend approved by its Board of Directors for Q3 2025.

MCAP Inc. reported second quarter 2025 earnings of $0.28 per share, reflecting strong financial performance and growth in trading operations.

MCAP Inc. announced first quarter 2025 earnings of $0.09 per share with solid revenue results and continued technology investments.

MCAP Inc. declared a $0.07 per-share dividend payable May 29, 2025, demonstrating continued commitment to shareholder returns.

MCAP Inc. reported fourth quarter 2024 earnings of $0.15 per share and annual revenue of $87.8 million, highlighting year-end momentum.

MCAP Inc. announced third quarter 2024 earnings of $0.04 per share driven by steady market performance and operational efficiency.

MCAP Inc. reported second quarter 2024 earnings of $0.03 per share, emphasizing ongoing business stability.