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It’s all about the Spread……… or is it?
This year at LMAX Exchange we asked our world leading Liquidity Providers to create an even tighter top of the book stream for our brokerage clients.
Averaging 0.14 this month our spreads are the tightest they’ve ever been and arguably the most competitive on the street.
BUT – we also agree with those that say – Tight Spreads – so what?
Video commentary by David Mercer, LMAX Exchange CEO
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It’s all about the Spread……… or is it?
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Why the Pound Has Held Up
The Pound has help up rather well post Article 50 trigger and continues to find solid demand into this week, despite signs of distress and ongoing concern over the outlook for the UK currency in this world after Brexit. So what’s been going on ou…
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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 109.614 | EURUSD 1.06047 | AUDUSD 0.74987 | NZDUSD 0.69580 | USDCAD 1.33254 | USDCHF 1.00735 | GBPUSD 1.24911 | LMAX Highs and Lows 5am GMT Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â High | Low EURUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.06154 | 1.0595 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 109.752 | 109.351 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.24941 | 1.2481 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.00816 | 1.00669 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.75087 […]
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Nervous Market Runs to Yellow Metal and Yen
We’re into the mid-week and geopolitical risk continues to take the spotlight. North Korea has warned of a nuclear strike should the US provoke it, while in Syria tension persists. All of this has been having the most significant impact on the price of…