LMAX Exchange blog - FX industry thought leadership

LMAX Exchange blog - FX industry thought leadership

All the latest business and technology views and insights on the FX industry from LMAX Exchange management and staff

Global FX Insights

Thursday, April 26, 2018
by Research & Analytics

A Welcome Reprieve from Protectionism and Trade

Next 24 hours: Dollar Still Flexing Its Muscles Post ECB

Special report: ECB Decision Preview and Thoughts

Today’s report: A Welcome Reprieve from Protectionism and Trade

Currencies are down against the US Dollar since the weekly open. A lot of this has to do with the market getting back to focusing on the bigger picture theme of monetary policy normalization. Volatility is expected with the ECB policy decision due. read report

download report

Wake-up call

Business and Technology

Wednesday, May 24, 2017
by LMAX Exchange

LMAX Exchange committed to FX Global Code of Conduct

The launch of the first ever FX Global Code of conduct is now upon us and I sincerely hope the market adopts it wholeheartedly and strives to improve on it in the months and years ahead. Specifically we expect that Principle 17 will be enhanced. It currently states trading activity in the last look window as ‘likely inconsistent’ with good market practice – we hope it will made inconsistent with good market practice in short order.

Video commentary by David Mercer, LMAX Exchange CEO

Guy Debelle should be congratulated for overseeing the birth of the code over the past 2 years and now the industry needs to follow the path of transparency highlighted throughout the Code to rebuild trust in our great FX market.

Daily Market Commentary

Thursday, April 26, 2018
by Andy Harrison

LMAX Exchange Daily Market Commentary

Staff Blogs

Tuesday, February 20, 2018
by LMAX Exchange

The Regression

We have a problem. A good ol’ fashioned ringbuffer getting full and dropping messages problem. Brilliant, this is definitely what one wants to happen in their Itch market data feed in a production environment.

You know, the delta stream where we broadcast every price change and trade to clients? The one where they expect low latency and to receive every event. Yep, definitely a problem.

So why can a ring buffer get full? Well, it means writes are occurring more frequently than reads – whatever is consuming messages is unable to keep pace with what is publishing them. The consumer [...]

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