LMAX Exchange operates a buy-side focused central limit order book with streaming firm limit order liquidity from the top-tier banks only. The buy-side CLOB can be accessed by clients directly as well as through bank algos.
LMAX Exchange scalable, high performance trading technology supports private room, bilateral trading with streaming firm limit order liquidity on either a disclosed or non-disclosed basis.
- Flexible, off-exchange environments
- Highly configurable and customisable to meet precise requirements
- Multiple execution protocols supported
- Transparent price discovery, no ‘last look’ execution
- Streaming firm limit order liquidity
- No sell-side to sell-side trading
- Anonymous, regulated trading environment
- Credit intermediation available for eligible counterparties
- Bilateral clearing model
Buy-side factsheet ‐ download