Tag: WeMatch

Wematch Hosts Basis Swap Trade Between SG, LBBW

Wematch, a web-based matching and negotiation platform, has hosted a EUREX/LCH basis swap trade on its electronic trading platform, carried out between Societe Generale (SG) and Landesbank Baden-Württemberg (LBBW). The trading platform offers the ability for EUREX/LCH basis swaps to be negotiated on a purely electronic basis, making this trade the first of its kind to be completed in the […]

Former EBS Head Jeffery Takes the Chair at Wematch

Wematch, the multi-asset-class, Web-based matching and negotiation platform, has appointed Jack Jeffery as chairman of its Board. With more than 35 years’ experience in financial markets, Jeffery was previously CEO at electronic fixed income platform MTS, prior to which he served at CEO of FX ECN EBS. He also served 11 years at Citigroup, where he […]

JPM, SocGen, Invest in Wematch

JP Morgan and Societe Generale have invested in fintech firm, Wematch, a company that provides technology to augment how traders at banks match, negotiate and manage trades that are currently predominantly voice-traded, thus bringing, according to the firm, the audit and control benefits of electronic tools to voice trading, delivered as web-based software-as-a-service technology. Wematch says there are now […]

WeMatch Adds Euro IRS

WeMatch, a web-based thus far focused on equity markets and OTC-cleared derivatives, has added euro interest rate swaps to its suite of products and says 10 banks are using the service. The dealer-to-dealer platform offers, the firm says, human traders tools and workflow to match and negotiate trades and now supports euro IRS curves, butterflies, […]