GLMX has appointed David Nicol as head of commercial operations. He has been a consultant at the firm since December 2023.
Nicol has more than a decade of industry experience, co-founding trading platform LederEdge in 2020 and serving as CEO until the firm’s closure in July 2023.
READ MORE: Exclusive: LedgerEdge to go into administration
Prior to this, Nicol was a product manager at distributed ledger technology and service provider R3. Earlier in his career he spent more than five years with IBM, becoming a product manager in 2015.
Commenting on the appointment, Glenn Havlicek, CEO and co-founder of GLMX, said: “It is a dynamic time to be in front-end markets and an invigorating time to be working at GLMX as the firm has so many opportunities for growth.
“David’s experienced voice will be invaluable as we expand on our success in repo to adjacent products across the securities finance ecosystem. With his pedigree and leadership capabilities, he epitomises the exceptional quality of our GLMX team, which remains key to the firm’s unprecedented success.”
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