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Leaping Seconds
Just before New Year 2017 a leap second was inserted into Coordinated Universal Time (UTC). At LMAX Exchange we had some luxury to play with how we handled the leap second. January 1st is a public holiday, there’s no trading, so we are free to do recovery if so…
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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 115.099 | EURUSD 1.06976 | AUDUSD 0.75474 | NZDUSD 0.72648 | USDCAD 1.31518 | USDCHF 0.99927 | GBPUSD 1.25496 |  LMAX Ranges 6am London time Highs   Lows EURUSD              1.07403 | 1.07081 USDJPY                114.946 | 114.261 GBPUSD              1.26006 | 1.25563 AUDUSD             0.75610 | 0.75474 USDCHF              0.99814 | 0.99611 USDCAD              […]
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Week of Politics, Central Bank Decisions and Data
The market has already seen a good amount of volatility in 2017 on political developments, mostly out of the Trump administration but also from the UK relating to Brexit. This week, the market will get another couple of layers of risk in the form of ce…