Wematch, dealing workflow platform for traders, sales and brokers, has appointed Ed
Hochstadter to head of securities-based lending sales and coverage for North America.
Based in New York, Hochstadter will focus on developing US securities lending coverage,
onboarding new business partners and product development.
He brings more than 25 years of experience at Tier 1 financial firms including J.P. Morgan and Bear Stearns, where he has worked on a variety of products such as securities lending, collateral management and balance sheet optimisation.
Hochstadter joins the firm from J.P. Morgan, where he was a securities lending trader during his time with the company between 1996 and 2022.
Joseph Seroussi, co-founder and CEO at Wematch, comments: “As Wematch continues to
grow, we are on an aggressive recruitment drive in North America. Ed’s vast securities
lending experience makes him the ideal fit to help us sustain our current growth.
“He is a strong addition to our team to ensure that we continue to deliver against our client’s requirements.”
Hochstadter adds: “I am excited to be joining Wematch at this point in their North American development, and I am looking forward to working closely with market participants and the Wematch team to deliver our SBL platform successfully.”
