Wematch completes securities lending trade in APAC
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Wematch completes securities lending trade in APAC 20 March 2024Hong Kong Reporter: Sophie Downes
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Wematch.live has successfully executed its first securities lending trade in the Asia-Pacific region.
The transaction was completed between two global financial institutions in Hong Kong, and took place on 13 March 2024.
The trade marks a significant step in Wematch’s expansion into the APAC securities lending market, says the firm.
David Raccat, chief revenue officer and co-founder of Wematch, comments: “This transaction demonstrates the strength of our platform and its ability to connect lenders and borrowers across the globe.
“We look forward to further expanding our presence in the APAC region.”
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Image: stock.adobe.com/Earnest Tse 