AtlasClear Holdings Expands Correspondent Clearing Business with Seventh Broker-Dealer Agreement

Newly signed correspondents have not yet contributed material revenue, leaving their expected contribution dependent on onboarding.

Rhea-AI Summary

AtlasClear Holdings (ATCH) signed its seventh correspondent broker-dealer agreement through wholly owned AtlasClearing, expanding its network of contracted clearing relationships.

The company expects customer assets and trading activity from new correspondents to support clearing fees, stock loan revenue and interest income as onboarding progresses. Newly signed correspondents have not completed onboarding and did not yet contribute material revenue to fiscal 2026 results.

Fiscal 2026 revenue rose 85% to $20.1 million. Stock locate revenue grew to $6.8 million from approximately $0.3 million; noncommission sources represented approximately 54% of revenue. Additional interest income of approximately $1.8 million was reported in other income. AtlasClearing ended fiscal 2026 with approximately $14.4 million in net capital, up 29% year over year. Completed infrastructure work shortened onboarding timelines and expanded concurrent clearing capacity.

10 points · 0 major

PositiveiHow this balance works

How this balance works

Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.

It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

How the balance worksHow Sentiment works

0 major · 1 point

Hollow bars mark forward-looking points. How the balance works

Positive

• Moderate pointAtlasClearing’s seventh signed correspondent agreement expands its contracted clearing network from a single correspondent.
• Moderate pointFiscal 2026 revenue increased 85% to $20.1 million.
• Moderate pointAtlasClearing’s fiscal 2026 ending net capital rose 29% year over year to approximately $14.4 million.
• Minor pointFiscal 2026 stock locate revenue grew to $6.8 million from approximately $0.3 million.
• Minor pointNoncommission sources accounted for approximately 54% of fiscal 2026 total revenue.

5 minor points

• Minor pointAdditional fiscal 2026 interest income totaled approximately $1.8 million, reported in other income.
• Minor pointCompleted infrastructure work shortened onboarding timelines and expanded capacity to clear for multiple correspondents concurrently.
• Minor point. Forward-looking: it has not happened yet and may not happen.New correspondents are expected to support clearing fees, stock loan revenue and interest income as onboarding progresses.
• Minor point. Forward-looking: it has not happened yet and may not happen.Each new relationship is expected to add revenue with only incremental additional expense.
• Minor point. Forward-looking: it has not happened yet and may not happen.Additional broker-dealer discussions continue; AtlasClear expects to announce further agreements as executed.

Negative

• Minor pointNewly signed correspondents have not completed onboarding and did not yet contribute material fiscal 2026 revenue.

Key Figures

Signed correspondent agreements: 7 Stock locate revenue: $6.8 million from approximately $0.3 million Revenue beyond commissions: Approximately 54% of total revenue +3 more

Signed correspondent agreements

7

The company announced its seventh correspondent broker-dealer agreement.

Stock locate revenue

$6.8 million from approximately $0.3 million

Fiscal 2026

Revenue beyond commissions

Approximately 54% of total revenue

Fiscal 2026

Total revenue

$20.1 million, up 85%

Fiscal 2026

Interest income

Approximately $1.8 million

Fiscal 2026; reported in other income

Net capital

Approximately $14.4 million, up 29%

At the end of fiscal 2026; supports capacity for additional correspondents

Historical Context

1 past event · Latest: Sep 23

1 event

1. Sep 23

   Fiscal 2026 earnings

   24h Move

   -0.8%

   Reported five fiscal-year correspondent signings, a sixth in September, with no meaningful revenue yet.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

broker-dealer, stock loan, correspondent clearing

3 terms

broker-dealer financial

"its seventh correspondent broker-dealer agreement"

A broker-dealer is a licensed firm or individual that both executes trades on behalf of clients (acting as a broker) and buys or sells securities for its own account (acting as a dealer). Investors care because broker-dealers provide the plumbing of markets — they place orders, hold or move cash and securities, offer research or advice, and their stability and fees directly affect trade execution, costs, and the safety of client funds; think of them as a combined travel agent and taxi for your investments.

stock loan financial

"support growth in clearing fees, stock loan revenue and interest income"

A stock loan is when an investor or institution temporarily lends ownership of shares to another party, usually in exchange for a fee and collateral; the borrower must return equivalent shares later. Think of it like lending a book: the lender keeps economic benefits such as interest-like fees, while the borrower can use the shares for activities like short selling or hedging. For investors, stock loans affect liquidity, borrowing costs, dividend handling and potential voting rights, which can influence a stock’s price and trading behavior.

correspondent clearing financial

"FINRA’s 2026 Industry Snapshot identifies 25 member firms whose primary business is correspondent clearing"

Correspondent clearing is a service where a larger brokerage firm handles back-office tasks—trade settlement, custody, record-keeping, and regulatory reporting—for a smaller or independent broker-dealer. Think of it as a full-service partner that processes paperwork and moves money on behalf of the smaller broker so that customers can trade without the smaller firm needing its own complex infrastructure. Investors should care because correspondent clearing affects trade speed, account safety and which protections and fees apply to their investments.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

-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 American: 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.

“Seven signed agreements show that demand for a clearing partner built around smaller broker-dealers is translating into executed contracts,” said John Schaible, Executive Chairman of AtlasClear Holdings. “Correspondent clearing is the foundation of the platform we are building at AtlasClear, and because the infrastructure, the capital and the team are already in place, each new relationship is expected to add revenue with only incremental additional expense. That operating leverage is the base on which our pending and planned acquisitions and our banking strategy are designed to build.”

“A broker-dealer that moves its clearing relationship is placing real trust in us, and we earn that trust through the quality of the conversion,” said Craig Ridenhour, President of AtlasClear Holdings and Chairman of AtlasClearing, Inc. “With the previously signed firms moving through onboarding, our team has refined the process with each one, and the seventh will benefit directly from that experience as we bring its business onto the platform. As these firms begin clearing, their customer assets and trading activity should support our stock loan business and interest income.”

AtlasClear continues to advance discussions with additional broker-dealers as it scales its correspondent clearing platform through AtlasClearing and expects to announce further agreements as they are executed.

About AtlasClear Holdings, Inc.

AtlasClear Holdings, Inc. (NYSE American: ATCH) is building a technology-enabled financial services platform designed for trading, clearing, settlement, and banking for emerging financial institutions and fintechs. Through its wholly owned subsidiary AtlasClearing, Inc. (formerly Wilson-Davis & Co., Inc.), a full-service correspondent broker-dealer registered with the SEC and FINRA, its pending acquisition of Ark Financial Services, Inc., and its planned acquisition of Commercial Bancorp of Wyoming, AtlasClear Holdings seeks to deliver a vertically integrated suite of investment banking, brokerage, clearing, risk management, regulatory, and commercial banking solutions. For more information, follow us on LinkedIn or X and visit www.atlasclear.com.

To stay up to date on AtlasClear’s platform strategy and market perspective, subscribe to the Company’s YouTube channel and watch the Clearing the View by AtlasClear video series.

Forward-Looking Statements

This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, that reflect AtlasClear Holdings’ current views with respect to, among other things, its future operations and financial performance. Forward-looking statements in this communication may be identified by the use of words such as “anticipate,” “assume,” “believe,” “continue,” “could,” “estimate,” “expect,” “future,” “intend,” “may,” “outlook,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” “target,” “will,” “would,” and similar expressions.

Forward-looking statements include, but are not limited to, statements regarding expected future growth, strategic initiatives, the onboarding and conversion of the Company’s newly signed correspondent broker-dealers and the timing and revenue contribution of those relationships, the expansion of the Company’s stock locate, stock loan, securities lending and margin businesses, the Company’s future financing activities, the proposed acquisition of Commercial Bancorp of Wyoming, the proposed acquisition of an institutional digital asset business and the execution of definitive documentation for that acquisition, the proposed acquisition of Ark Financial Services, Inc., the expected timing and completion of the Ark transaction, receipt of FINRA, banking and other required regulatory and stockholder approvals, the anticipated benefits of the Ark transaction, including the combined company’s revenue mix, the expected revenue contributions of the proposed acquisitions, future financial performance, future capital markets activity, and the Company’s ability to execute on its business strategy. The letter of intent for the digital asset acquisition is non-binding (other than certain customary provisions), and there can be no assurance that a definitive agreement will be executed or that the proposed acquisition will be completed on the terms described, or at all.

These statements are based on current expectations and assumptions that are subject to risks and uncertainties, many of which are beyond the Company’s control, and actual results may differ materially from those anticipated. Factors that could cause actual results to differ include, but are not limited to: the Company’s failure to enter into a definitive agreement with the digital asset business, or its failure to complete the proposed acquisitions on favorable terms or at all; the failure to receive FINRA or stockholder approval or to satisfy the other conditions to the Ark transaction; the risk that the Ark transaction is not completed on the terms described or at all; dilution from the issuance of AtlasClear common stock; failure to receive the required regulatory approvals for the proposed acquisitions, including the acquisition of Commercial Bancorp of Wyoming; the Company’s inability to integrate, and to realize the benefits of, the proposed acquisitions; delays in onboarding correspondent broker-dealers or the failure of correspondent relationships to generate the anticipated revenue or the termination of correspondent clearing agreements; changes in general economic or political conditions; changes in the markets that AtlasClear targets; slowdowns in securities or digital asset trading or shifting demand for trading, clearing and settling financial products; and any change in laws applicable to AtlasClear or any regulatory or judicial interpretation thereof. For additional information regarding risks and uncertainties, please refer to the Company’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended June 30, 2026. AtlasClear undertakes no obligation to update or revise forward-looking statements, except as required by law.

Company Contact:
AtlasClear Holdings, Inc.
Email: AtlasClearIR@atlasclear.com

Investor Relations Contact:
Jeff Ramson, CEO
PCG Advisory, Inc.
Email: jramson@pcgadvisory.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many correspondent broker-dealer agreements has AtlasClear signed?

AtlasClear has signed seven correspondent broker-dealer agreements through its wholly owned subsidiary AtlasClearing. The seventh agreement expands a network that has grown from a single correspondent.