New York based repo trading technology provider GLMX has raised a $20m growth equity financing round led by Sutter Hill Ventures.
Founded in 2010 by Glenn Havlicek, CEO, GLMX has developed proprietary technology which provides an integrated global money market trading solution for institutional participants. The system provides a request-for-quote (“RFQ”) based buy-side-to-dealer trading platform built to enhance the relationship between buy-side and sell-side counterparties, and address the need for an efficient repo trading infrastructure, particularly in light of increasing regulatory reporting requirements. The company has offices in NYC, Palo Alto and London.
http://www.finsmes.com/2018/01/glmx-raises-20m-in-growth-equity-financing.html