Wematch.live and Eurex launch basket total return futures
27 November 2025 UK
Image: sunny/stock.adobe.com
Wematch.live has announced the go-live of basket total return futures (bTRFs) on the Wematch platform.
The launch, developed with European derivatives exchange Eurex, 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.
David Raccat, chief revenue officer and co-founder at Wematch, states: “Together, Eurex and Wematch are shaping the next evolution of synthetic financing.
“This connected, digital workflow allows clients to manage TRS and bTRFs seamlessly — one platform, one process, all products.â€
The bTRF workflow on Wematch combines bilateral flexibility, exchange standardisation, and digital efficiency.
The platform includes a unified workflow for TRS and bTRF with end-to-end automation, offering operational efficiency, as well as capital and margin benefits.
It is also designed with a capital efficient structure with clearer and more favourable risk-weighted asset (RWA) outcomes, improves interoperability, and creates a wider counterparty reach, the firm says.
Elena Marchidann, global product lead, Total Return Derivatives at Eurex, comments: “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.â€
Grégoire Froehlich, director of global securities financing trading, Íø±¬³Ô¹Ï Optimisation Unit, at Natixis, adds: “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.â€
The launch, developed with European derivatives exchange Eurex, 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.
David Raccat, chief revenue officer and co-founder at Wematch, states: “Together, Eurex and Wematch are shaping the next evolution of synthetic financing.
“This connected, digital workflow allows clients to manage TRS and bTRFs seamlessly — one platform, one process, all products.â€
The bTRF workflow on Wematch combines bilateral flexibility, exchange standardisation, and digital efficiency.
The platform includes a unified workflow for TRS and bTRF with end-to-end automation, offering operational efficiency, as well as capital and margin benefits.
It is also designed with a capital efficient structure with clearer and more favourable risk-weighted asset (RWA) outcomes, improves interoperability, and creates a wider counterparty reach, the firm says.
Elena Marchidann, global product lead, Total Return Derivatives at Eurex, comments: “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.â€
Grégoire Froehlich, director of global securities financing trading, Íø±¬³Ô¹Ï Optimisation Unit, at Natixis, adds: “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.â€
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