LMAX Exchange delivers fundamental exchange execution benefits to every FX trading professional

• Unparalleled execution quality - we boast an average trade latency of 3 milliseconds with an internal latency of 500 micro seconds - delivering a consistent and precise quality of execution ensures participants’ best execution requirements are met without compromise.
• Award-winning FX trading venue - the LMAX Exchange business model and trading technology are recognised for excellence and innovation

  The business model, combined with our
  proven, proprietary technology, creates a
  level playing field for all clients - and has
  garnered many top FX industry awards.

  At the 2013 WSL Institutional Trading Awards
  we received ‘Best FX Trading Platform
  ECN/MTF’ and at the prestigious 2011
  Financial Sector Technology awards, we
  were awarded ‘Best Trading System’
• Pre & post trade transparency - we run an open order book, we don’t run risk and there’s no 'last look' (unlike some ECNs) - streaming limit orders are supplied by our General Members so you’ll know the price and true cost of trade for every one of your matched orders.
• Strict price/time priority matching - ensures processing of trades in an orderly and totally neutral manner.
• Trading anonymity - our mission is simple, we match buyers to sellers, within an anonymous trading venue - anonymous trading ensures conflict free and neutral execution with ALL participants receiving the same speed, price and reliability, pre and post trade without favour.

LMAX Exchange - the most cost-effective, efficient way to trade FX

LMAX Exchange offers precise, consistent and reliable FX order matching to funds, proprietary trading firms, asset managers, brokers and professional traders, all underpinned by market liquidity from top tier banks and institutional market makers - find out more