GLMX Tops $1 Trillion in Single Day Volume
New York, July 24, 2024 — GLMX, a leading global provider of intuitive technology solutions for
repurchase agreements (repo), securities lending and money markets, reported that earlier this
month it reached a record high in daily volume, exceeding $1 trillion* for the first time. Over 140
major global financial market participants utilize GLMX technology to negotiate and execute
securities financing transactions (SFTs).
Glenn Havlicek, GLMX CEO and co-founder, said of the accomplishment, “$1 trillion in volume
traded on GLMX in a single day is a milestone you’d be hard-pressed to replicate in any
marketplace, anywhere in the world. It speaks both to the criticality of the global securities
finance market and to GLMX’s contribution to the digitalization of the space”.
GLMX recently received industry recognition for its innovative technology and client
engagement. It was named the Trading System of the Year, for the second consecutive year,
and the Client Services Team of the Year at the Securities Finance Times Awards celebration
earlier this month.
“July has been an exciting month for GLMX and has established a powerful trajectory for the
second half of the year as we continue to execute in repo, securities lending, money markets
and total return swaps,” Havlicek concluded.
* Single Counted
Media inquiries, please contact:
GLMX+1 646 854-4569
sales@glmx.com
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/.