Stockbroker TD Waterhouse plans to continue its run of recent acquisitions, its chief executive said as it announced the acquisition of OMX Securities, a Birmingham-based company that provides clearing and settlement services to stockbrokers and fund managers.

“We continue to be in the marketplace for good value acquisitions – expanding into corporate services brings you the scale that is so important and lacking in UK brokerage,” said Angus Rigby, chief executive of TD Waterhouse, which is part of Canada’s TD Bank.