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
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
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
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
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
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 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’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’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
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