MCAP Announces Senior Hire in Relationship Management

Rhea-AI Summary

MCAP Inc (OTC: MCAP), a financial technology company, appointed Jeff Mendl as Director, Relationship Management at its broker-dealer subsidiary MCAP LLC.

He will focus on expanding broker-dealer and institutional relationships, enhancing execution solutions, and supporting growth of MCAP’s trading products, including its QwickRoute agency-only execution platform.

AI-generated analysis. How Rhea-AI works. Not financial advice.

News Market Reaction – OTCM

+0.10%

+0.10% News Effect

On the day this news was published, OTCM gained 0.10%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

What This Means

This announcement highlights a senior hire with deep experience in equities markets, alternative tra...

Analysis

This announcement highlights a senior hire with deep experience in equities markets, alternative trading systems, and execution platforms, aimed at expanding MCAP’s broker-dealer and institutional relationships. For OTCM, which recently reported several positive OTCQX upgrades with modest price reactions ranging from -2.15% to 0.02%, investors may watch how leadership moves at ecosystem participants influence trading volumes, client onboarding trends, and the broader appeal of over-the-counter market infrastructure.

Key Figures

Market access hours: 24/7

1 metrics

Market access hours 24/7 MCAP LLC connects clients to global equity and fixed income markets

Historical Context

5 past events · Latest: Jun 05 (Positive)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Jun 05	OTCQX listing	Positive	+0.0%	TelyRx Holdings qualified to trade on the OTCQX Best Market.
Jun 03	OTCQX upgrade	Positive	-0.3%	Atomic Eagle upgraded from OTCQB to the OTCQX Best Market.
Jun 01	OTCQX qualification	Positive	-2.1%	Unico Silver qualified to trade on OTCQX, upgraded from OTCQB.
May 26	OTCQX upgrade	Positive	-0.1%	West Point Gold upgraded from OTCQB to OTCQX Best Market.
May 19	OTCQX upgrade	Positive	-2.0%	Cambria Gold Mines upgraded from Pink Limited Market to OTCQX.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent positive operational announcements around new OTCQX listings have often seen flat to slightly negative next-day price reactions.

Recent Company History

Over the past month, news for OTCM has focused on welcoming multiple issuers to the OTCQX Best Market. Announcements on May 19, May 26, June 1, June 3, and June 5 highlighted upgrades or new qualifications, typically positive for the platform’s ecosystem. Price reactions over the following 24 hours were modest, ranging from about -2.15% to 0.02%, indicating that such incremental business wins have produced limited immediate share-price impact.

Regulatory & Risk Context

Short Interest: 0.04%

Short Interest

0.04% of shares outstanding

as of 2026-05-29 Days to cover: 1

Key Terms

broker-dealer, alternative trading system, market maker, execution platform, +1 more

5 terms

broker-dealer financial

"Director, Relationship Management at MCAP LLC, the broker-dealer subsidiary"

A broker-dealer is a licensed firm or individual that both executes trades on behalf of clients (acting as a broker) and buys or sells securities for its own account (acting as a dealer). Investors care because broker-dealers provide the plumbing of markets — they place orders, hold or move cash and securities, offer research or advice, and their stability and fees directly affect trade execution, costs, and the safety of client funds; think of them as a combined travel agent and taxi for your investments.

alternative trading system financial

"MOON ATS, an alternative trading system for overnight equities trading"

An alternative trading system is a regulated non-exchange venue that matches buyers and sellers of stocks and other securities outside of traditional public exchanges. Think of it as a different kind of marketplace — like a specialized farmers’ market next to a supermarket — that can offer different pricing, speed, or anonymity; investors care because these venues can affect how easily trades get done, the prices received, and how visible trading activity is.

market maker financial

"working with broker-dealer, market maker and institutional customers"

A market maker is a firm or individual that stands ready to buy and sell a particular stock or other security throughout the trading day, posting prices at which it will transact so buyers and sellers can trade quickly. Think of it as a shopkeeper who keeps inventory and posts prices to ensure someone can always buy or sell; this reduces delays, narrows price swings, and helps investors execute trades at fairer, more predictable prices.

execution platform technical

"MCAP's suite of products and execution platforms"

An execution platform is the software and network that lets investors place and complete buy or sell orders in financial markets, handling everything from order entry to final trade confirmation. Like a checkout lane or delivery service for trades, its speed, reliability and fees affect how quickly and cheaply transactions occur, which influences execution price, transaction costs and the likelihood of getting the trade investors want.

FINRA regulatory

"QwickRoute™ is the agency-only execution platform and division of MCAP LLC, a FINRA member broker-dealer"

FINRA is the U.S. self‑regulatory organization that oversees brokerage firms and individual brokers, setting and enforcing rules to protect investors and keep markets orderly. Think of it as a referee and rulebook keeper for the broker industry: it licenses brokers, monitors their behavior, enforces standards, and runs complaint and arbitration systems, so investors can check records and have a path to resolve disputes.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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NEW YORK, June 9, 2026 /PRNewswire/ -- MCAP Inc. (OTC: MCAP), a financial technology company, hired Jeff Mendl as Director, Relationship Management at MCAP LLC, the broker-dealer subsidiary of MCAP Inc. He will play a key role in the expansion and growth of MCAP's suite of products and execution platforms.  

Mr. Mendl joins from OTC Markets Group (OTC: OTCM) where he served as Head of Broker-Dealer Sales. At MCAP, he will focus on expansion of the broker-dealer and institutional customer base across MCAP products and on developing execution solutions that support customers' needs.

Mr. Mendl brings deep experience in equities markets, exchanges, and trading applications. He has worked with a wide range of market participants to help grow their businesses and improve trade execution. Over the course of his career, he has held senior roles at the Delaware Board of Trade (DBOT), the National Stock Exchange, Clearpool Execution Services, and most recently OTC Markets Group, where he was instrumental in starting MOON ATS, an alternative trading system for overnight equities trading. Mr. Mendl currently serves on the Board of Governors for the Security Traders Association (STA National) and on the Executive Board of the Security Traders Association of New York (STANY).

At MCAP, Mr. Mendl will be working with broker-dealer, market maker and institutional customers as well as internal teams to ensure the creation of industry leading securities execution solutions, while prioritizing the overall customer experience.

Will Dennis, President at MCAP, added, "Jeff has spent his career at the center of how broker-dealers, market makers, and institutions access the markets, and he understands what those customers actually need from an execution partner. His addition reflects where we are taking MCAP: deeper relationships, broader market access, and execution solutions built around the customer. We are glad to have him on the team."

MCAP Inc. creates, operates, and invests in financial technology companies. The Company has subsidiaries that develop software and execution platforms utilized in the global financial markets.  QwickRoute™ is the agency-only execution platform and division of MCAP LLC, a FINRA member broker-dealer. MCAP LLC connects institutional investors, broker-dealers, banks and market makers to the global equity and fixed income markets on a 24/7 basis.  MCAP Inc. focuses on developing technologies to provide customers with customized trading solutions and unique market access.

Please visit:  www.mcapmarkets.com & www.qwickroute.com

Forward-Looking Statements
This release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. The matters discussed in this news release involve goals, forecasts, assumptions, risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements.

View original content to download multimedia:https://www.prnewswire.com/news-releases/mcap-announces-senior-hire-in-relationship-management-302795402.html

SOURCE MCAP Inc.

FAQ

Who is Jeff Mendl and what role did MCAP (OTC: MCAP) announce on June 9, 2026?

Jeff Mendl was hired as Director, Relationship Management at MCAP LLC. According to MCAP, he will help expand broker-dealer and institutional relationships and support growth of the firm’s trading products and execution platforms across global equity and fixed income markets.

What will Jeff Mendl focus on in his new role at MCAP (OTC: MCAP)?

He will focus on expanding MCAP’s broker-dealer and institutional customer base. According to MCAP, Mendl will work with broker-dealers, market makers and institutions to develop execution solutions that address customer needs and prioritize overall client experience across the company’s trading platforms.

Why did MCAP (OTC: MCAP) hire Jeff Mendl for relationship management?

MCAP hired him for his equities markets and trading technology experience. According to MCAP, his background at exchanges, alternative trading systems and broker-dealer sales supports the company’s strategy to deepen relationships, broaden market access and build customer-centric execution solutions.

What experience does Jeff Mendl bring to MCAP (OTC: MCAP)?

He brings experience across equities markets, exchanges and trading applications. According to MCAP, Mendl has held senior roles at Delaware Board of Trade, National Stock Exchange, Clearpool Execution Services and OTC Markets Group, and helped start MOON ATS for overnight equities trading.

How does the hiring of Jeff Mendl align with MCAP (OTC: MCAP) growth plans?

The hire supports MCAP’s plans to grow its product suite and execution platforms. According to MCAP, Mendl will help create industry-leading securities execution solutions and deepen relationships with institutional investors, broker-dealers, banks and market makers across global markets.

What is QwickRoute and how does it relate to MCAP (OTC: MCAP)?

QwickRoute is MCAP’s agency-only execution platform and a division of MCAP LLC. According to MCAP, the FINRA member broker-dealer connects institutional investors, broker-dealers, banks and market makers to global equity and fixed income markets on a 24/7 basis.