Wematch.live surpasses US$250 billion ongoing notional volume
09 January 2024 US
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Թ finance platform Wematch.live has reached a new milestone by surpassing US$250 billion in ongoing notional volume in January 2024.
The firm says the achievement “underscores the platform's unwavering commitment to innovation” and its ability to “cater to the evolving needs of its growing clientele”.
In addition, the platform announced its recent average daily matched volume (ADMV) of US$5.4 billion.
Wematch offers clients tools and solutions to optimise their securities lending and borrowing activities.
The firm says its architecture streamlines the entire securities finance lifecycle, from order placement to settlement, enabling clients to achieve greater efficiency, transparency and cost savings.
Commenting on the milestone, Wematch co-founder and chief revenue officer David Raccat says: “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.”
The firm says the achievement “underscores the platform's unwavering commitment to innovation” and its ability to “cater to the evolving needs of its growing clientele”.
In addition, the platform announced its recent average daily matched volume (ADMV) of US$5.4 billion.
Wematch offers clients tools and solutions to optimise their securities lending and borrowing activities.
The firm says its architecture streamlines the entire securities finance lifecycle, from order placement to settlement, enabling clients to achieve greater efficiency, transparency and cost savings.
Commenting on the milestone, Wematch co-founder and chief revenue officer David Raccat says: “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.”
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