AtlasClear Executes Its Eighth Correspondent Broker-Dealer Agreement Through AtlasClearing
Benzinga Newsdesk 1 day ago
NewsGeneral
AtlasClear Holdings, Inc. (NYSE:ATCH) ("AtlasClear" or the "Company"), a company building regulated financial infrastructure for smaller institutions, fintechs and advisors, today announced the execution
AtlasClear Holdings, Inc. (NYSE:ATCH) ("AtlasClear" or the "Company"), a company building regulated financial infrastructure for smaller institutions, fintechs and advisors, today announced the execution of its eighth correspondent broker-dealer agreement through AtlasClearing, Inc. (formerly Wilson-Davis & Co., Inc.) ("AtlasClearing"), the Company's wholly owned correspondent clearing subsidiary.
The new agreement represents another milestone in AtlasClear's strategy to expand its correspondent clearing business and build scale on its existing infrastructure. AtlasClearing has now grown from a single correspondent relationship to eight signed agreements, reflecting growing demand for a clearing partner built around smaller broker-dealers.
