Press Release

BNY Mellon and GLMX collaborate to connect buy-side clients at point of execution to Triparty

Providing buy-side clients easier access to the world's largest collateral manager with BNY Mellon Triparty platform

NEW YORK, March 27, 2024 - BNY Mellon (NYSE: BK) and GLMX announced today a new integration allowing buy-side clients to direct repo trades at point of execution to BNY Mellon's Triparty platform.

This integration follows growing demand from clients seeking to expand their BNY Mellon Triparty usage beyond Uncleared Margin segregation into repo financing, helping them to capture more benefits from being on the world's largest collateral platform.

"This integration with GLMX re-enforces our commitment to enhance the user experience for our growing buy-side client base on Triparty," said Ted Leveroni, Head of Margin Services, BNY Mellon. "In our 240th year of business, we are proud to utilize our expertise to form relationships that provide innovative solutions and capabilities for our clients."

"Building interoperability with BNY Mellon creates a seamless workflow from negotiation and execution to settlement for our global clients," said GLMX CEO Glenn Havlicek. "This step is consistent with GLMX's objective of providing a single access point which connects the global money market to deep liquidity pools, regardless of trade structure, settlement type or trading instrument."

This integration connects BNY Mellon, the world's largest collateral manager with a $5.25 trillion Triparty liquidity pool, into GLMX's $2 trillion network. It also addresses the increasing market demand for buy-side clients looking for a single ecosystem to manage both their collateral and liquidity requirements.

Media inquiries, please contact:

BNY Mellon
Ryan Wells
ryanw@bnymellon.com

GLMX
Sal Giglio
646 854-4569
sales@glmx.com

About BNY Mellon

Established in 1784, BNY Mellon is America's oldest bank and the first company listed on the New York Stock Exchange (NYSE: BK) Today, BNY Mellon powers capital markets around the world through comprehensive solutions that help clients manage and service their financial assets throughout the investment life cycle. BNY Mellon had $47.8 trillion in assets under custody and/or administration and $2.0 trillion in assets under management as of December 31, 2023. BNY Mellon has been named among Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation. Additional information is available on www.bnymellon.com. Follow us on LinkedIn or visit our Newsroom for the latest company news.

About GLMX

GLMX is a technology company serving the capital markets and is a leading global provider of transformative technology for equities and fixed income securities financing. With offices in North America, the United Kingdom, and Asia-Pacific, global buy-side and sell-side institutions rely on GLMX for access to enhanced market liquidity and to maximize trade lifecycle efficiency and reporting.

GLMX’s powerful market position continues to grow as it diversifies, taking its proven model into adjacent market sectors such as Total Return Swaps (TRS), and Time Deposits, CDs, and Commercial Paper. For more information about GLMX, please visit https://www.glmx.com/.