GLMX, a technology provider for securities financing, money markets, and total return swaps, announced significant growth in its third quarter 2025 platform activity, reporting an average daily balance of $4.13 trillion and an average daily volume of $1.54 trillion, alongside strategic expansion into Asian markets and team additions.
The company’s third-quarter results demonstrated substantial year-over-year increases, with the average daily balance rising 50% to $4.13 trillion and the average daily volume climbing 53% to $1.54 trillion. These figures are single-counted. Near the close of the third quarter, GLMX’s balances reached a record $4.4 trillion.
A key highlight of the quarter was GLMX’s support for initial trades from prominent market participants in the offshore Japanese Government Bond (JGB) market. This initiative underscores the firm’s focus on the Asia-Pacific (APAC) region, where it identifies strong prospects for growth within the broader securities finance industry. James Davis, GLMX Head of APAC, commented on the regional focus, stating, “The opportunity for the next wave of advancement and electronification of securities finance across Asian markets is here. We are thrilled to be working with so many leading market participants. Our best-in-market technology with holistic and native language client support sets GLMX apart in delivering successful outcomes.”
To further expand its securities lending (SBL) ecosystem and volumes, GLMX appointed Jordan Maskowitz in New York to lead SBL business development and Ravi Sharma in London for SBL product development.
Glenn Havlicek, CEO of GLMX, noted the company’s performance, stating, “GLMX’s focus on innovative product development and best-in-class client experience again delivered significant value across securities finance markets and a record $4.4 trillion in balances near the end of the third quarter. The path forward is in sharp focus as we look to execute on these powerful foundations through the end of the year and into 2026.”
GLMX offers technology solutions for equities and fixed income securities financing to global buy-side and sell-side institutions, aiming to enhance market liquidity and optimize trade lifecycle efficiency and reporting. Headquartered with offices in North America, the United Kingdom, and Asia-Pacific, the company is also diversifying its offerings to include Total Return Swaps (TRS), Time Deposits, Certificates of Deposits, and Commercial Paper.
