Multi-Asset Clearing

Solutions dedicated to providing an unprecedented quality of service.

We provide global multi‑asset clearing across:

Unified Team, Elevated Efficiency

Delivering Solutions at the Intersection of Performance and Stability

Wedbush provides global clearing and custody services for institutional and proprietary trading firms, RIAs, hedge funds, family offices, introducing brokers, and other professional clients.

The firm’s growth is driven by strong controls, disciplined financial management, and advanced, scalable cloud technology that supports automation and operational efficiency. As a non-bank affiliate broker-dealer and FCM, Wedbush operates without Basel capital constraints.

For:

Full-service Trading Firms
Institutional Trading Firms
Proprietary Trading Firms
Underwriting Firms
Market Makers
Online Broker-dealers
Registered Investment Advisors
Commodity Trading Advisors
Commodity Pool Operator
Introducing Brokers
Principal Trading Groups
Agricultural Hedgers
Hedge Funds
Family Offices
High-net-worth Individuals

Equities, Options, and Fixed Income

Wedbush offers global clearing, custody, and settlement for equities, options, and fixed income (corporate municipals, government agency, CMOs, treasuries, etc.).

  • Fully-disclosed
  • Omnibus Accounts
  • ETF Creations/Redemptions
  • Portfolio Margin Accounts (PMA)
  • Joint Back Office (JBO)

Member of:
All major US Equities and Options Exchange
Clearing organizations: DTCC, NSCC, OCC, FICC, GSCC, MBSCC

The Futures team has been supporting trading clients for nearly 40 years. Our operational growth is fueled by client success and a strong reputation for integrity and trust. Learn more here.

Services

Client trading facilities/offices

  • 24-hour trade support desk
  • Low-latency fiber optic network
  • Co-Location and server hosting in multiple locations
  • Customized reporting
  • Facilities management
  • Network design solutions
  • Straight-Through Processing
  • Allocation accounts with average pricing

Access

  • Global exchange access, including North American, European, and Asia/Pacific markets
  • Direct Market Access (DMA)
  • 24-hour execution solutions
  • Multiple front-end execution and hosting systems

Cryptocurrency*

  • Based on trading volume, one of the top clearing firms in CFTC-regulated crypto futures and options
  • Members of multiple exchanges
  • Creative partnerships with crypto service providers in product offerings such as custodians, issuers, and financers

*For more information, see: Investor Advisory—Virtual Currency | NFA (futures.org) Customer Advisory: Understand the Risks of Virtual Currency Trading (cftc.gov)

Wedbush’s Prime Treasury clearing business enables approved clients to execute in the U.S. Treasury transactions through Wedbush, with end-of-day positions financed by our Repo Desk.

  • Direct trade connections to major broker-dealers for STP processing associated with the trade settlement of client trades
  • Active in on the run, off the run, and special issues
  • Clearing and financing for professional trading clients, broker-dealers, hedge funds, and other clients
  • Active in deliverable basis trades and relative value trades
  • FICC membership offers competitive access to interdealer financing markets
  • Able to provide term market throughout the treasury maturities

Wedbush FX offers a comprehensive environment for foreign exchange trading, partnering with industry-leading firms that adhere to best practices for security, access, and risk management. We support various client platform choices, providing access to liquidity and personalized guidance to optimize currency strategies. Go to the FX Code of Conduct Commitment

  • NFA Regulated Registered Swaps Dealer

  • Spot FX, forwards, NDFs, vanilla options, & bullion products

  • 24-hour support desk
  • Centralized back office
  • Prime of Prime (PoP) and direct market access
  • Liquidity from tier 1 banks and non-bank market makers
  • Deliverable facilities for corporations and hedgers

  • T + 1 and same-day settlement

Wedbush’s Securities Finance team delivers an exceptional, personalized experience that stands apart from the institutionalized prime-broker securities finance model.

  • Superior multi-product coverage, including a dedicated hard-to-borrow desk
  • Robust, fully paid lending and financing programs
  • Electronic access to our Stock Locate Portal
  • Dedicated team to manage the complex buy-in and recall process
  • Direct communication with our desk providing market color and short rates
  • Head traders with over 25 years of experience navigating the ever-changing Securities Finance landscape

Wedbush provides innovative and robust technology solutions to its clearing clients. Our comprehensive suite of cloud-based API libraries and real-time fintech solutions enables clients to seamlessly integrate our technology into their platforms, creating a frictionless experience for their end users.

Application programming interfaces (API):

  • Account Onboarding and Maintenance (Real-Time): a suite of API libraries to create new accounts, retrieve and update account profiles, upload documents, and more
  • Activity: a suite of API libraries to view trading activity, corporate actions, dividends, cash activity, margin calls, and other information
  • Asset Servicing (Real-Time): a suite of API libraries to view balances, positions, equity, buying power, and more in real-time
  • Reporting: an API library to retrieve trade confirms, statements, tax documents, and more
  • Account Funding: automated money movement, such as ACH and wires, through the API offering
  • Trading Platform Access: Offer your clients a range of professional-grade trading tools, including:
  • Equity, Options (single-leg & multi-leg), and Futures Trading

  • Access via desktop, web, and mobile
  • White-label platform solutions available to match your brand

Since entering the prediction markets space in December 2025, Wedbush has quickly established itself as one of the leading clearing and execution providers in this rapidly growing product. In just several months, Wedbush cleared billions of contracts and supported the highest-volume trading events in the market’s short history — including the Super Bowl, March Madness, NBA Playoffs and the World Cup.

Wedbush’s infrastructure is designed to support significant retail trading volumes, including the onboarding of thousands of accounts per second and the movement of millions of dollars through tens of thousands of transactions each day.

Wedbush offers access to the full spectrum of regulated venues through a single, trusted clearing relationship, serving both established institutions and firms exploring prediction markets and digital asset derivatives. With memberships on the Chicago Mercantile Exchange (CME), Crypto.com Derivatives North America (CDNA), and DraftKings Exchange (DKeX), Wedbush provides the technology, operational scale, and support for firms to protect their relationships with their clients and subscribers.

Wedbush has worked with clients on industry innovations such as parabolic pricing.

Prediction Markets

Since entering the prediction markets space in December 2025, Wedbush has established itself as one of the leading clearing and execution providers in this rapidly growing asset class. In just six months, Wedbush cleared over one billion contracts and supported the highest‑volume trading events in the market’s short history – including the Super Bowl, March Madness and the World Cup.

Wedbush’s infrastructure is designed to support significant retail trading volumes, including the onboarding of thousands of accounts per second and the movement of millions of dollars through tens of thousands of transactions each day.

Wedbush offers access to the full spectrum of regulated venues through a single, trusted clearing relationship, serving both established institutions and firms exploring prediction markets and digital asset derivatives. With memberships in DraftKings Exchange (DKeX) and Bitnomial Clearinghouse, the firm provides the technology, operational scale, and multi‑asset infrastructure – spanning prediction markets, futures, options, and perpetuals – to support participants at any level.

Timeline:

December

  • Went live with prediction markets support at the CME
  • ION and Wedbush partnered to deploy XTP for prediction markets for their initial launch in December 2025

February

  • Continued partnership with ION to launch with additional prediction markets ahead of the Super Bowl and March Madness events
  • Supported CME Group prediction markets as volumes surge around Super Bowl LX

June

  • Launched full support for CME Group’s 24/7 Cryptocurrency Futures Trading
  • Announced membership in DKeX, DraftKings’ proprietary exchange, and the Bitnomial Clearinghouse, two regulated venues at the forefront of emerging asset classes

July

  • Rang the Cboe Closing Bell, celebrating a longstanding partnership and a shared commitment to market innovation

Risk Management & Client Financial Safety

Wedbush leverages advanced systems to provide clients with real-time risk management. Our in-house technology team delivers responsive, dynamic solutions for trade processes, compliance reporting, and third-party integration.

Financial Safeguards

Wedbush’s financial stability has been built through strong operational controls and retained earnings.

Comprehensive
pre-trade risk controls

Segregated
client funds

Real-time risk
monitoring

Web-based risk
monitoring tool

Seamless business
continuity solutions

Excess SIPC

Wedbush is pleased to provide excess Securities Investor Protection Corporation (“SIPC”) coverage for each of its clients and for clients of correspondent broker-dealers carried on our books. Each account is covered up to $25,500,000* at no charge.

SIPC provides coverage up to $500,000, of which a maximum of $250,000 applies to cash credit balances.

In addition to the SIPC coverage, we have purchased from Lloyd’s of London an excess SIPC bond that provides additional coverage for up to $25,000,000 in cash and securities for each client, subject to an aggregate loss limit of $100,000,000. This bond covers cash credit balances to a maximum of $900,000 for a total of $1,150,000 in cash balances.


*This coverage will replace clients’ cash and/or securities that are otherwise unrecoverable. The coverage does not safeguard against a decline or loss in market value of the securities in your account.
Please be advised that you may obtain information about SIPC, including the SIPC brochure, by contacting SIPC at 202-371-8300 or by visiting www.SIPC.org.