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
