Íø±¬³Ô¹Ï

Home   News   Features   Interviews   Magazine Archive   Symposium   Industry Awards  
Subscribe
Íø±¬³Ô¹Ï
Leading the Way

Global Íø±¬³Ô¹Ï Finance News and Commentary
≔ Menu
Íø±¬³Ô¹Ï
Leading the Way

Global Íø±¬³Ô¹Ï Finance News and Commentary
News by section
Subscribe
⨂ Close
  1. Home
  2. Repo news
  3. GLMX reports record volume and balance growth in Q2
Repo news

GLMX reports record volume and balance growth in Q2


16 July 2024 US
Reporter: Daniel Tison

Generic business image for news article
Image: Natalia_Lasko/stock.adobe.com
GLMX has released its platform activity highlights for the second quarter of the year.

The average daily volume (ADV) of securities finance transactions traded on the GLMX platform increased 74 per cent year-on-year (YoY) to US$793 billion for Q2 2024.

For the average daily balance (ADB) of new and existing trades on the platform, GLMX reports an 82 per cent YoY rise, which generated US$2.38 trillion in the same quarter.

According to the global provider of technology solutions for repo, securities lending and money markets, record volume and balance growth were driven by new clients adopting the platform, existing clients increasing their business, and new functionality to support nuanced client workflows.
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Íø±¬³Ô¹Ï Finance Times
Advertisement
Subscribe today
Knowledge base

Companies in this article
→ GLMX

Explore our extensive directory to find all the essential contacts you need

Visit our directory →
Glossary terms in this article
→ Repo

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →