TLDR:
– Wematch.live, a securities finance platform, has surpassed US$250 billion in ongoing notional volume in January 2024.
– The platform also announced its recent average daily matched volume (ADMV) of US$5.4 billion.
Securities finance platform Wematch.live has reached a significant milestone by surpassing US$250 billion in ongoing notional volume in January 2024. The achievement highlights the platform’s commitment to innovation and its ability to cater to the evolving needs of its growing clientele. Additionally, Wematch announced an average daily matched volume (ADMV) of US$5.4 billion.
Wematch offers clients tools and solutions to optimize their securities lending and borrowing activities. The platform’s architecture streamlines the entire securities finance lifecycle, from order placement to settlement, providing clients with greater efficiency, transparency, and cost savings.
Co-founder and chief revenue officer of Wematch, David Raccat, commented on the milestone, stating, “This achievement is a testament to our dedication to providing the best possible securities finance marketplace to our clients. We are committed to innovating and delivering cutting-edge solutions that empower our clients to achieve their business objectives.”
