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Industry news

GLMX appoints Dan Long


08 September 2022 UK
Reporter: SFT

Generic business image for news article
Image: AdobeStock/Donatas Dabravolskas
GLMX has appointed Dan Long as securities lending product manager, based in the company鈥檚 London office.

Long will be responsible for coordinating systems enhancements for the firm鈥檚 global securities lending business.

He joins GLMX from AXA Investment Managers, where he worked for 15 years, most recently as head of securities finance execution. Before this, he was a securities finance trader with BNY Mellon.

Speaking about Long鈥檚 appointment, GLMX鈥檚 chief product officer Andy Wiblin says:
鈥淒an 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.

鈥淲e are fortunate to have [Long鈥檚] expertise as we see dramatic increases in volumes and lifecycle events executed using GLMX technology.鈥

Dan Long comments: 鈥淎s I saw 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. I look forward to contributing to GLMX becoming the industry leader in electronic execution for the securities lending space.鈥

GLMX鈥檚 CEO Glenn Havlicek says: 鈥淎t a time in which GLMX is growing at an astonishing rate, it is essential that we bolster our team with high achievers. GLMX鈥檚 client-base relies on us to supply elegant and efficient technology solutions to replace manual workflows.

鈥淒an will provide valuable insight for our growing securities lending business and will contribute to our push into supporting other money market instruments.鈥
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