GLMX reports 78% YoY jump in securities finance volume for Q4
08 January 2025 US
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GLMX has released its Q4 2024 platform activity and has announced its 2025 objective to focus on global integration of transformative technology.
According to the report, the average daily volume (ADV) of securities finance transactions traded on the GLMX platform was up 78 per cent year-on-year (YoY) to US$1.08 trillion.
For average daily balance (ADB) of new and existing trades on the platform, the firm reports a 55 per cent YoY rise to US$2.9 trillion for Q4 2024.
Reflecting on the fourth quarter and 2024 as a whole, GLMX CEO Glenn Havlicek says this period was “significant” for the firm in terms of innovation, resiliency and expansion.
He continues: “As we look ahead, we’ll continue to push boundaries with a keen focus on the global integration of transformative technology and seamless workflow across securities finance while expanding our footprint in adjacent short end markets.”
According to the report, the average daily volume (ADV) of securities finance transactions traded on the GLMX platform was up 78 per cent year-on-year (YoY) to US$1.08 trillion.
For average daily balance (ADB) of new and existing trades on the platform, the firm reports a 55 per cent YoY rise to US$2.9 trillion for Q4 2024.
Reflecting on the fourth quarter and 2024 as a whole, GLMX CEO Glenn Havlicek says this period was “significant” for the firm in terms of innovation, resiliency and expansion.
He continues: “As we look ahead, we’ll continue to push boundaries with a keen focus on the global integration of transformative technology and seamless workflow across securities finance while expanding our footprint in adjacent short end markets.”
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