Wematch completes securities lending trade in APAC
20 March 2024 Hong Kong
Image: stock.adobe.com/Earnest Tse
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鈥檚 expansion into the APAC securities lending market, says the firm.
David Raccat, chief revenue officer and co-founder of Wematch, comments: 鈥淭his transaction demonstrates the strength of our platform and its ability to connect lenders and borrowers across the globe.
鈥淲e look forward to further expanding our presence in the APAC region.鈥�
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鈥檚 expansion into the APAC securities lending market, says the firm.
David Raccat, chief revenue officer and co-founder of Wematch, comments: 鈥淭his transaction demonstrates the strength of our platform and its ability to connect lenders and borrowers across the globe.
鈥淲e look forward to further expanding our presence in the APAC region.鈥�
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