AtlasClear Holdings Expands Correspondent Clearing Business with Seventh Broker-Dealer Agreement
AtlasClear announced that its wholly owned subsidiary, AtlasClearing, signed its seventh correspondent broker-dealer agreement. The company said new correspondents are expected to support stock loan and interest income growth as onboarding progresses.
Why it matters — The agreement increases AtlasClear’s announced correspondent network to seven and may contribute to the growth areas it identified as onboarding proceeds.