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AtlasClear Holdings Signs Seventh Correspondent Broker-Dealer Agreement Through AtlasClearing

Benzinga·10/20/2026 12:46:18
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-Correspondent Network Grows to Seven Signed Agreements as AtlasClear Builds Scale on Its Existing Clearing Platform-

-New Correspondents Expected to Support Stock Loan and Interest Income Growth as Onboarding Progresses-

TAMPA, Fla., Oct. 20, 2026 (GLOBE NEWSWIRE) -- 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 seventh correspondent broker-dealer agreement through AtlasClearing, Inc. (formerly Wilson-Davis & Co., Inc.) ("AtlasClearing"), the Company’s wholly owned correspondent clearing subsidiary.

As previously signed correspondents complete onboarding and begin clearing through AtlasClearing, the Company expects their customer assets and trading activity to support growth in clearing fees, stock loan revenue and interest income from margin balances, customer cash and securities lending. That opportunity builds on a revenue mix that has already moved beyond commissions: in fiscal 2026, stock locate revenue grew to $6.8 million from approximately $0.3 million, and sources other than commissions accounted for approximately 54% of total revenue. Total revenue for fiscal 2026, as reported in the Company’s Annual Report on Form 10-K, increased 85% to $20.1 million, and the Company earned an additional approximately $1.8 million of interest income, reported in other income. Those results do not yet reflect material revenue from the Company’s newly signed correspondents, which have not yet completed onboarding.

AtlasClear is building scale in a business with few participants and high barriers to entry: FINRA’s 2026 Industry Snapshot identifies 25 member firms whose primary business is correspondent clearing. AtlasClearing has grown from a single correspondent to seven signed agreements today, and each new correspondent is expected to add customer accounts, assets and settlement activity to a platform whose capital, technology and operations are already in place. AtlasClearing ended fiscal 2026 with net capital of approximately $14.4 million, up 29% from a year earlier, supporting its capacity to take on additional correspondents. Infrastructure work completed during earlier correspondent integrations has shortened onboarding timelines and expanded the platform’s capacity to clear for multiple correspondents concurrently, and the operations staff AtlasClearing has added supports both current correspondent activity and continued pipeline development.