Repo trading platform GLMX will now operate as an alternative trading system (ATS) and broker-dealer.
Tag: Repo trading
GLMX launched its RFQ buy-side-to-dealer repo trading platform in February 2016.
Request Order Quote service provides traders with the ability to quote and execute repo trades on aggregate basis.
Economic benefit of using CCPs for repo trades should be weighed against need for increased margin, says OFR.