GLMX and FlexTrade Announce a Strategic Collaboration to Deliver Seamless Trading and Enhanced Workflows
NEW YORK, February 13, 2025 – GLMX Technologies LLC (“GLMX”), a leading global provider
of transformative technology solutions for securities financing, money markets, and total return
swaps, and FlexTrade Systems, a global leader in multi-asset execution and order management
systems, have collaborated to allow their mutual clients to seamlessly manage their repo
workflow and execution between the GLMX platform and FlexTrade’s Order and Execution
Management (O/EMS) solutions suite.
GLMX’s technology platform enables global financial market participants to negotiate and
execute securities financing transactions and is used by over 140 buy- and sell-side institutions
worldwide. GLMX’s new initiative with FlexTrade’s FlexONE OEMS and FlexTRADER EMS
provides mutual clients with a comprehensive solution for managing the entire trade
lifecycle–from order execution to post-trade compliance and reporting.
As a result of the collaboration, FlexTrade and GLMX’s mutual clients can now gain greater
control and efficiency through customizable and shared pre- and post-trade workflows. The
newly created workflows allow trading teams to automate complex order routing and allocation
strategies, minimize manual errors, and ensure adherence to regulatory requirements.
The new API integration is immediately available for deployment by mutual FlexTrade and
GLMX clients. The first mover, a global asset manager, is already live and in production using
the combined functionality between GLMX and FlexTrade’s FlexONE OEMS, with a second
client, an APAC-based Hedge Fund, set to go live in Q1 2025.
“Client demand for cross-market efficiency is a primary driver for GLMX to deliver new
technologies and connectivity,” said Andy Wiblin, Chief Operating Officer, GLMX. “By partnering
with FlexTrade, we aim to support our clients’ trading, risk management, and operational
resilience efforts globally.”
Satish Ramanath, SVP – Buy-Side, APAC at FlexTrade Systems, noted, "We’re delighted to
make our new integration to the GLMX platform available for FlexTrade’s global asset
management and hedge fund community. Working together with GLMX, we’ve provided our
clients with a seamless and efficient means of accessing differentiated liquidity within their
existing workflows."
Media inquiries, please contact:
GLMX+1 646 854-4569
sales@glmx.com
About FlexTrade Systems
FlexTrade Systems provides customized multi-asset execution and order management trading solutions for buy- and sell-side financial institutions. Through deep client partnerships with some of the world’s largest, most complex, and demanding capital markets firms, we develop flexible tools, technology, and innovation that deliver our clients a competitive edge. Our globally distributed engineering teams focus on adaptable technology and open architecture to develop highly sophisticated trading solutions that can automate and scale with your business strategies.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/.