GLMX - Access, Automate, Analyze’s Post

GLMX's Vice President of Sales, Olivia Russell, spoke at the Finadium Rates and Repo Conference yesterday on the Dealer to Client Repo Trading in a Digital Age panel. To learn more about the topics discussed, including mandatory clearing, repo trends and GLMX's trading ecosystem, contact sales@glmx.com #GLMX #Repo #SecuritiesLending #MoneyMarkets #SecuritiesFiancne #Finadium

Finadium News & Opinion has created a round-up of monthly and quarterly statistics releases from across repo, securities lending, collateral, cross-product and other securities finance-related markets published throughout November, providing a broad overview of backwards-looking market dynamics. In this round-up, we feature figures from Bank for International Settlements, Baton Systems, BrokerTec & CME Group, Clearstream, CLS, DataLend & EquiLend, Eurex Repo, Hazeltree, LCH RepoClear, Options Clearing Corporation, MTS Repo, S3 Partners, S&P Global, SWIFT, and Tradeweb. Anna Reitman More on #finadium: https://lnkd.in/ejVp7a_J

My latest for Finadium: all the stats that we get across the month illustrating the global secfinance market's dynamics.

further testament to the importance of ClearLoop for institutional participants in the digital asset space.

As always, a thoughtful Finadium report on critical issues for secured funding markets. The benefits of securities finance execution platforms are becoming better understood. I note that the report flags that such platforms should have standardized messaging protocols and “robust post-trade processing” connectivity to clients and third party vendors. Guaranteed Repo incorporates these elements, resulting in global scalability. The report also notes that “some bank-affiliated agent lenders are moving forward with guarantees and indemnification for selected clients in place of the bank’s balance sheet”. These structures are more efficient from a capital/RWA and cost basis than any other secured funding model, but they also result in a substantial increase in operational demands, for both trading and post-trade components. Idiosyncratic solutions to manage the complexity of this model are inefficient. Guaranteed Repo is built to provide scalability for securities financing transactions. It integrates standardized documentation, electronic trading and post-trade collateral management that permits clients to use their existing custodians. It is a global solution that can accommodate multiple asset classes. Critically, it is a standalone solution that is not affiliated with individual market participants. These features are difficult (if not impossible) to replicate in idiosyncratic solutions developed by individual firms. The report mentions that redundancy and resilience are the most important issues for users when deciding on platforms. The unprecedented changes facing secured funding markets as a result of regulation makes optionality even more important than usual. And it also means that solutions supported by vendors with proven track records are even more useful. Please see Shiv Rao and SUNTHAY for more information on Guaranteed Repo.

Finadium’s Rates & Repo Europe conference is around the corner and over the last week, we’ve highlighted early insights from our Market Conditions in the UK and Europe and Big Data, Big Technology, Big Opportunities panels. In this last article of our Rates & Repo Preview series, we hear from our expert panelists from BNY Mellon, The Depository Trust & Clearing Corporation (DTCC) and LCH RepoClear, about the global scope of mandatory clearing for US Treasury Repo and how European market participants are viewing the impacts so far. Nathaniel "Nate" Wuerffel, Michalis Sotiropoulos, Olivier NIN, Anna Reitman More on #finadium: https://lnkd.in/eTNxZR3a

My latest for Finadium News & Opinion: a monthly round-up giving you results at a glance from across the securities financing industry

Salvador Giglio, GLMX President and Chief Revenue Officer, discusses GLMX's multi product platform with Finadium. "GLMX has developed a comprehensive securities lending technology solution supporting general collateral and hard-to-borrow fixed income and equity assets using high- and low-touch trading tools. With the addition of Total Return Swaps to the GLMX product set in coming months, borrowers and lenders will be able to discover and compare liquidity across the SBL, Repo and Derivatives markets." #GLMX #Finadium #Markets #SecuritiesLending #Repo #TRS #SecuritiesFinance

Finadium’s Rates & Repo Europe conference is around the corner and over the last week, we’ve highlighted early insights from our Market Conditions in the UK and Europe and Big Data, Big Technology, Big Opportunities panels. In this last article of our Rates & Repo Preview series, we hear from our expert panelists from BNY Mellon, The Depository Trust & Clearing Corporation (DTCC) and LCH RepoClear, about the global scope of mandatory clearing for US Treasury Repo and how European market participants are viewing the impacts so far. Nathaniel "Nate" Wuerffel, Michalis Sotiropoulos, Olivier NIN, Anna Reitman More on #finadium:

Rates & Repo Europe is this week - get a heads up on the 5Ws of UST Repo clearing from our market experts