Home   News   Features   Interviews   Magazine Archive   Symposium   Industry Awards  
Subscribe
Securites Lending Times logo
Leading the Way

Global Securities Finance News and Commentary
≔ Menu
Securites Lending Times logo
Leading the Way

Global Securities Finance News and Commentary
News by section
Subscribe
⨂ Close
  1. Home
  2. Industry news
  3. Wematch hits record highs
Industry news

Wematch hits record highs


08 October London
Reporter: Becky Butcher

Generic business image for news article
Image: Shutterstock
Wematch.SecuritiesFinancing has confirmed a record day on 8 October with 7,500 interests and $90 billion worth of liquidity in the platform.

Wematch is a web-based tool disrupting the dealing process of financial institutions by offering tailored matching and smart negotiation engines.

David Raccat, founder and CEO of Wematch, said: “We are very happy to see liquidity picking up in Wematch with the onboarding of new active lenders into the platform. The gathering of liquidity communities is proving successful and hopefully, we can continue to offer the service to additional clients and users.”

In January, Wematch achieved a record-breaking trading week.

The platform booked in the equivalent of a month’s worth of trades in a single week thanks to a series of successful onboardings and the fact that the platform caters for the regulatory requirements of the second Markets in Financial Instruments Directive, among others, according to Raccat.
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
Advertisement
Subscribe today
Knowledge base

Explore our extensive directory to find all the essential contacts you need

Visit our directory →
Glossary terms in this article
→ Liquidity

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →