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, November 15, 2018

Breakdown or Breakthrough – What’ll it be for the GBP?

Next 24 hours: What a Mess

Special report: The Lag Effect

Today’s report: Breakdown or Breakthrough – What’ll it be for the GBP?

We’re into Thursday and broadly speaking, what we’re looking at is a US Dollar that has come back under some pressure, and a US equities market that has been sold into the most recent recovery attempt. A lot of the focus on Thursday will be on Brexit, though we also get a healthy round of first tier economic data. read report

download report

Business and Technology

Wednesday, May 24, 2017

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, November 15, 2018

LMAX Exchange Daily Market Commentary

Good morning,

LMAX Close

Staff Blogs

Tuesday, February 20, 2018

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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