AtlasClear Holdings, Inc. (NYSE American: ATCH), a financial services company building modern clearing, custody, and trading infrastructure, announced that a third introducing broker-dealer has begun onboarding with Wilson-Davis & Co., Inc., its wholly owned self-clearing correspondent broker-dealer subsidiary. Additionally, the Company has executed a correspondent clearing broker-dealer agreement with a fourth introducing broker-dealer. This follows the successful integration of Dawson James Securities, Inc., the first major correspondent onboarded to Wilson-Davis’s enhanced clearing platform.
Infrastructure improvements completed during the Dawson James onboarding have shortened timelines for new correspondents and expanded multi-client capacity. Wilson-Davis has added operations staff in response to current client activity and near-term pipeline demand, ensuring each correspondent receives the same high standard of service.
“Dawson James was the proof point,” said Craig Ridenhour, President of AtlasClear. “We built the infrastructure with the next client in mind. What that work produced is a faster, more efficient onboarding process, and the staffing additions at Wilson-Davis reflect both the business in front of us and our commitment to servicing each correspondent at the same standard.”
The Company’s clearing infrastructure is designed to scale, with each new correspondent relationship adding revenue without meaningfully increasing fixed costs. “Our clearing infrastructure is built to scale — each new correspondent relationship adds revenue without meaningfully adding to our fixed cost base,” said John Schaible, Executive Chairman of AtlasClear. “We’re growing our team thoughtfully, but the economics improve with every new agreement. Three signed deals show the model is working. Now it’s about execution: turning our pipeline into real cleared volume.”
AtlasClear continues to advance discussions with additional broker-dealer partners as it scales its correspondent clearing network through Wilson-Davis. The Company is building a vertically integrated suite of brokerage, clearing, risk management, regulatory, and commercial banking solutions. For more information, visit the company's website and newsroom here.
