GLMX Continues Global Expansion with Regulatory Approval from Monetary Authority of Singapore
NEW YORK, June 03, 2024 (GLOBE NEWSWIRE) -- GLMX Technologies LLC (GLMX), a leading technology provider for global money market trading, including repurchase agreements, securities lending and time deposits, has been designated by the Monetary Authority of Singapore (MAS) as a Recognized Market Operator (RMO) effective May 28, 2024.
- NEW YORK, June 03, 2024 (GLOBE NEWSWIRE) -- GLMX Technologies LLC (GLMX), a leading technology provider for global money market trading, including repurchase agreements, securities lending and time deposits, has been designated by the Monetary Authority of Singapore (MAS) as a Recognized Market Operator (RMO) effective May 28, 2024.
- This recognition from the MAS allows GLMX to provide its award-winning platform to financial institutions based in Singapore, an important global trading hub.
- The approval also enables GLMX to expand its global footprint while demonstrating its commitment to regulatory compliance.
- “Becoming an RMO in Singapore is a significant step for GLMX as this reinforces the Firm's commitment to markets throughout Asia,” said GLMX CEO and co-founder Glenn Havlicek.