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GLMX, a comprehensive technology solution for the trading of money market instruments including repurchase agreements (repo) and securities lending, has hired Dan Long as Securities Lending Product Manager. Long will be based in GLMX's London office and will be responsible for guiding system design enhancements for the firm’s rapidly growing global securities lending business.
Long has more than two decades of experience in the securities finance markets. He joins GLMX from AXA Investment Managers where he worked for 15 years and recently held the position of Head of Securities Finance Trading Execution. Prior to AXA, Dan worked as a securities finance trader for BNY Mellon.
“Dan has spent much of his career trading and managing traders charged with finding liquidity and best execution for securities lending transactions. Most recently, he has been focused on the use of technology to substantially streamline and improve price discovery, trade capacity and execution,” said Andy Wiblin, Chief Product Officer. “We are fortunate to have his expertise as we see dramatic increases in volumes and lifecycle events executed using GLMX technology.”
“As I saw firsthand in my previous role, the funding market is increasingly embracing trading technology as a means to achieve best execution in a fast, risk-reducing and compliant manner,” said Long. “I look forward to contributing to GLMX becoming the industry leader in electronic execution for the securities lending space.”
Glenn Havlicek added, “At a time in which GLMX is growing at an astonishing rate, it is essential that we bolster our team with high achievers. GLMX’s client-base relies on us to supply elegant and efficient technology solutions to replace manual workflows. Dan will provide valuable insight for our growing securities lending business and will contribute to our push into supporting other money market instruments.”
