London, [26 November 2025] — Wematch.live, the leading platform for optimising collateral and managing the full lifecycle of Total Return Swaps (TRS), today announced the go-live of Basket Total Return Futures (bTRFs) on the Wematch platform. The launch, developed in close collaboration with Eurex, the leading European derivatives exchange, creates a connected environment between Wematch’s TRS module and Eurex’s bTRFs, enabling traders to construct, price and manage synthetic equity baskets in a single, end-to-end workflow.

 

A unified, cross-product workflow

The bTRF workflow on Wematch brings together bilateral flexibility, exchange standardisation and digital efficiency, giving clients the best of both worlds:

• Unified workflow for TRS ↔ bTRF: manage baskets, pricing and execution within one interface
• End-to-end automation: from basket creation and negotiation to low-touch crossing and synchronisation with Eurex T7
• Operational efficiency: optimisation, matching and API tools streamline negotiation and reduce operational risk
• Capital and margin benefits: exchange connectivity enhances portfolio margining and capital efficiency

• Improved RWA treatment: Capital-efficient structure with clearer and more favourable RWA outcomes.

• Interoperability: a frictionless bridge between bilateral and cleared markets, aligned to Eurex’s clearing standards and market conventions

• Wider counterparty reach: broader counterparty access, increasing liquidity and optionality.

 

“Together, Eurex and Wematch are shaping the next evolution of synthetic financing,” said David Raccat, CRO & Co-founder at Wematch, “This connected, digital workflow allows clients to manage TRS and bTRFs seamlessly – one platform, one process, all products.”

 

Elena Marchidann, Global Product Lead – Total Return Derivatives at Eurex added “Eurex cleared synthetic equity financing products (BTRFs) will be significantly enhanced with their incorporation into the Wematch ecosystem which is the market standard in lifecycle management and collateral optimisation. We are excited to be working with Wematch in pushing this joint offering to the next level.”

 

Grégoire Froehlich, xxxx, Natixis said “We are looking for the Wematch.live bTRF solution to make the EUREX standardised model to be as smooth to monitor in post-trade as it is in their trading system. We expect massive bTRF books to be maintained with a low resource requirement.”

 

To learn more or to arrange a walk-through, please contact: David Culshaw.

 

About Wematch.live

Wematch.live is a leading fintech platform for securities finance, enabling market participants to optimise collateral and manage the full lifecycle of Total Return Swaps across a regulated, digital workflow. The platform connects trading and operations with automation, transparency and cross-product interoperability.

 

About Eurex

Eurex is the leading European derivatives exchange and – with Eurex Clearing – one of the leading central counterparties globally. As architects of trusted markets characterised by liquidity, efficiency and integrity, we provide our customers with innovative solutions to manage risk seamlessly.

 

Media enquiries:

Kathryn Middleton, Head of Marketing, Wematch.live
kathryn.middleton@wematch.live

 

Client enquiries:

David Culshaw, Global Head of Business Development, Wematch.live
david.culshaw@wematch.live
ENDS