GLMX Continues Global Expansion with Regulatory Approval from Monetary Authority of Singapore
NEW YORK, June 3, 2024
GLMX Technologies LLC (GLMX), a leading technology provider for global money market trading,
including repurchase agreements, securities lending and time deposits, has been designated by the
Monetary Authority of Singapore (MAS) as a Recognized Market Operator (RMO) effective May 28, 2024.
This recognition from the MAS allows GLMX to provide its award-winning platform to financial
institutions based in Singapore, an important global trading hub. The approval also enables GLMX to
expand its global footprint while demonstrating its commitment to regulatory compliance.
“Becoming an RMO in Singapore is a significant step for GLMX as this reinforces the Firm's commitment
to markets throughout Asia,” said GLMX CEO and co-founder Glenn Havlicek. “Clients are increasingly
demanding a single point of access to the global money market and interest from institutions based in
Asia to connect to the GLMX platform has intensified over the past 12-18 months. We continue to
expand our offering to meet the growing demand for access to deep institutional liquidity combined
with operational efficiency. We look forward to strengthening our institutional client relationships
across Asia,” concluded Havlicek.
Media inquiries, please contact:
GLMX+1 646 854-4569
sales@glmx.com
About GLMX
GLMX is a leading global provider of intuitive trading solutions for repo, securities lending, and money markets. With offices in North America, EMEA and Asia-Pacific, global institutions across the sell-and buy-side rely on GLMX for enhanced market liquidity and to maximize trade lifecycle efficiency and reporting.Our global technology solution has driven $1 trillion in platform trading volumes in a single day, making GLMX the dominant player in this market segment. This powerful market position continues to expand as we diversify, taking our proven model into other market segments such as Total Return Swaps (TRS), and Time Deposits, CDs, and Commercial Paper. For more information about GLMX, please visit https://www.glmx.com/.