GLMX has appointed Dan Long as securities lending product manager, based in the company’s London office.
Long will be responsible for coordinating system improvements for the company’s global securities lending business.
He joins GLMX from AXA Investment Managers, where he spent 15 years, most recently as head of securities financing execution. Before that, he was a securities finance trader at BNY Mellon.
Speaking of Long’s appointment, GLMX’s chief product officer
Andy Wiblin says:
“Dan has spent much of his career trading and managing traders tasked with finding liquidity and the best execution of securities lending transactions. Most recently, he has focused on using technology to significantly streamline and improve price discovery, trading capacity and execution.
“We are lucky that [Long’s] expertise as we see dramatic increases in volumes and lifecycle events performed using GLMX technology.”
Dan Long comments, “As I’ve seen in my previous role, the finance market is increasingly embracing trading technology as a means of achieving best execution in a fast, risk-reducing and compliant manner. I look forward to contributing to GLMX becoming the market leader in electronic execution for the securities lending space.”