GLMX Technologies (GLMX), a technology solution for trading money market instruments including repurchase agreements (repo) and securities lending, has appointed two senior executives – Gareth O'Loughlin as VP of Engineering and Joseph Russo as Director of Money Market Sales.
Based in New York, they will support GLMX in its next phase of growth and play an important role in the firm’s development of a fully integrated digital ecosystem for trading front-end products.
O’Loughlin joins from Gagosian, the largest commercial gallery in the art world, where he was the Chief Technology Officer with global responsibility for all technology. He will focus on scaling GLMX’s engineering team to accelerate innovation and product development.
Russo has extensive experience in money markets having previously held various senior management roles at leading exchanges and global tier-one banks, such as CME, BNY Mellon Capital Markets, and BBVA. He will be responsible for cultivating client relationships and will provide strategic direction when building new products.
Yen carry trade risks mount
Hedge funds and other leveraged investors face renewed risks from the yen carry trade as Japan moves further away from decades of…
More
Valour launches first crypto hedge fund using Neuronomics AI strategy
Valour, the digital asset investment products subsidiary of DeFi Technologies, has launched its first hedge fund as it expands beyond…
More
SocGen targets strong prime brokerage growth
Societe Generale is planning to significantly expand its prime brokerage business as part of Chief Executive Officer Slawomir Krupa's…
More