Leading the Way.

Global Securities Finance News and Commentary.

Securities finance directory

Website
GLMX.com Go →

Head office
330 Seventh Avenue
17th Floor
New York, NY 10001

Contact
Glenn Havlicek, CEO
+1 (866) 610-4569 (GLMX)
Sales@GLMX.com

GLMX

Combining Wall Street expertise with Silicon Valley technology, GLMX has developed a thriving ecosystem for the negotiation, execution and management of money market instruments including securities financing transactions (SFT). Using state-of-the-art streaming technology, GLMX facilitates a wide array of SFT including multi-variable negotiation, lifecycle events management, STP, reporting and data management. Funded by leading Silicon Valley venture capital firms, GLMX brings unparalleled trading and liquidity management workflow efficiencies to existing counterparties in the global securities financing markets.

The GLMX solution provides intuitive technology, extremely quick development times and enhanced customisation. These characteristics allow GLMX to create a premium user experience.

GLMX technology functionality supporting SFT and Time Deposit trading includes:
• Web-based, RFQ-driven, Multi-variable Negotiation
• Bilateral, cleared, and triparty
• Cross-currency, locates, rate runs, packages
• Extensive data capture
• Trade life-cycle management
• Full SFTR reporting
• Pre and post trade API
• Pre-trade control functions

GLMX News

Industry

GLMX tops US$1 trillion in single day volume

According to GLMX CEO Glenn Havlicek, July has established a “powerful trajectory” for the second half of the year

Repo

GLMX reports record volume and balance growth in Q2

The average daily volume of securities finance transactions traded on the GLMX platform increased 74 per cent year-on-year to US$793 billion Q2 2024

People moves

GLMX enlists Nicol as Head of Commercial Operations

David Nicol begins his new role at GLMX after serving as a commercial consultant for the company

People moves

GLMX appoints Zekraus to expand securities lending business

Robert Zekraus brings more than 25 years of experience in capital markets to the new role, where he will now lead global business development for GLMX’s securities lending business

GLMX Features

Embodying a competitive spirit

Competition provides the greatest marginal value to the securities finance ecosystem and is driving GLMX to deliver creative solutions to access liquidity and to automate lending and borrowing, says GLMX president and chief revenue officer Sal Giglio

Tools to trade

GLMX’s CEO Glenn Havlicek and COO Sal Giglio speak to Carmella Haswell about their perception of integrated technology, adding value throughout the trading lifecycle, and what the industry can expect next from GLMX

Accelerating into a digital future

GLMX’s chief product officer Andy Wiblin observes that securities financing markets are entering a new phase of electronification, enabling complex flows that were previously locally optimised in spreadsheets now to be digitised

Taking stress out of mid-life events

The optimal way to manage mid-life trade maintenance is to transact on a centralised electronic trading platform that standardises traditional and complex trade structures and streamlines manual, risk-prone event workflows, says Sal Giglio, chief operating officer, GLMX

GLMX Interviews

GLMX

Anish Patel and Dan Long

The regulatory landscape is evolving in ways that require the market to decide how technology will enable them to satisfy their obligations, while optimising how they execute their business. GLMX’s director of business development, Anish Patel, and securities lending product manager, Dan Long, sat down with SFT to discuss their expectations for the year ahead

GLMX

Glenn Havlicek

GLMX CEO Glenn Havlicek speaks to Carmella Haswell following the firm’s integration with LCH SA to provide classic and sponsored clearing for European repo

GLMX

Joseph Russo and Olivia Russell

GLMX’s Joseph Russo, senior advisor, and Olivia Russell, sales, client development and marketing, provide insights into the growth of securities lending and cash reinvestment trading on the platform, as well as the firm’s expansion into electronic trading of money market instruments

GLMX

Sal Giglio

GLMX’s chief operating officer Sal Giglio tells SFT that the 3–5-year path for financing and other money markets will be driven by the convergence of liquidity and technology