Wematch.live platform hits US$150 billion in ongoing notional value
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Wematch.live platform hits US$150 billion in ongoing notional value 13 February 2023UK Reporter: Carmella Haswell
Image: Katynn/stock.adobe.com
Wematch.live has surpassed US$150 billion in ongoing notional value for its securities finance platform on 9 February 2023.
The milestone follows the firm’s announcement that the platform had reached US$5.8 billion in average daily matched volume in January.
Wematch’s securities lending product is part of a suite of workflow solutions which includes total return swaps, repos and sales to trader, among other modules.
Commenting on the achievement, co-founder and global head of securities financing of
Wematch.live David Raccat says: “This significant milestone is a testament to our commitment to providing the best possible securities finance marketplace to our clients.
“We are proud of the growth and success we have achieved, and we are dedicated to continuing to provide cutting-edge solutions to the securities finance industry.”
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Image: Katynn/stock.adobe.com 