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Reaching New Heights: Reflections on a Major Trading Milestone

By David Raccat, Co-founder and Global Head of Securities Finance at Wematch.live

I’m thrilled to share that in August, at Wematch.live we surpassed a major milestone – $200 billion in ongoing notional trading volume on our award-winning securities finance platform. This achievement fills me with pride in what our Team has accomplished. 

As Co-Founder and Global Head of Securities Financing, I’ve had the privilege of leading the platform’s development and growth. Ongoing notional volume represents the total notional value of all active trades executed and imported in the platform, so reaching over $200 billion shows incredible usage and trust from our institutional clients.

In addition, in EMEA we hit a new high of $11 billion average daily matched volume (ADMV) in July 2023. This performance demonstrates our platform’s scalability in handling large trading volumes efficiently.

I believe this tremendous growth results from our client-centric approach and constant enhancements. As we continue to scale, our focus remains on constantly enhancing our platform to provide the features and functionality our clients need to succeed.

Driving activity are our innovative solutions like:

  • TRS – to digitise and automate matching, lifecycle management, and collateral optimisation
  • FRM Optimiser – to streamline securities lending processes   
  • Sales-to-Trader – to integrate workflows between teams
  • Synthetics ETFs – to optimise collateral management

 

By leveraging automation and connectivity, we’re transforming workflows and unlocking new efficiencies for securities finance trading desks globally. Our platform optimises liquidity sourcing, simplifies operations, reduces errors, and increases productivity.

This growth validates our mission to shape the future of digital trading. With continuous enhancements and a client-centric approach, we are delivering solutions that meet modern trading institutions’ needs. 

Our clients’ ongoing trust and usage of the platform fuels our passion for constant innovation. We’re thrilled but not satisfied: Expect more exciting milestones as we extend our leadership in the securities finance space!

To learn more about us, reach out.

Picture Credits: Joyston Judah for Pexels

The views and opinions expressed are for informational and educational purposes only as of the time of the writing/production and may change at any time. The material may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections, forecasts, estimates of market returns, and proposed or expected portfolio composition. All information has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. There is no representation or warranty as to the current accuracy, reliability or completeness of, nor liability for, decisions based on such information and it should not be relied on as such.

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