Key LMAX Exchange technology differentiators

  • Ultra-low latency matching engine
  • Superior exchange performance, built for scale
  • Processing capacity ‐ orders/sec. 800,000 peak, 100,000 sustained
  • Award-winning, in-house developed ‘Disruptor’ technology maximising performance
  • Key technologies including ‘Disruptor’ have been open-sourced

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Latency, capacity and resilience

  • Order matching ‐ internal exchange latency <50 μs
  • High capacity achieved through a distributed, transactional service‐oriented architecture based on high performance publish/subscribe messaging
  • High availability is achieved through resilience at all levels
  • Scalable architecture with room for growth to meet increasing demand

Monitoring execution precision and low latency

  • Precision time protocol achieves sub-microsecond clock accuracy through the network
  • All orders time-stamped in microseconds at several points from order receipt, gateways, matching engine to execution
  • Dye traces run through the execution pathway every 10 milliseconds to monitor consistency of order processing

Integrated with leading trading technology providers

  • Trading solutions – more
    • 4OTC
    • Apama
    • Barracuda FX
    • BidFX
    • Broadway Technology
    • CelerTech
    • Exegy
    • First Derivatives
    • FlexTrade
    • FluentTech
    • FXone
    • InfoReach
    • Itiviti
    • Lucera
    • Market Factory
    • MaxxTrade
    • NT Pro
    • Olfa Trade
    • OneZero
    • Pragma
    • Prime XM
    • Redline Trading Solutions
    • Refinitiv
    • Simplex
    • SmartTrade
    • Spark Systems
    • TradAir
    • TradePoint
    • Trader Tools
    • UL Link
    • Xenfin Technology Ltd

  • Connectivity solutions – more
    • AWS Direct Connect
    • BeeksFX
    • BT Radianz
    • Colt Prizmnet
    • Equinix Cloud Connect for cloud providers
    • FCM-360
    • First Derivative
    • Fixnetix
    • FluentTech
    • Guavatech
    • ICE/TMX Atrium
    • LiquidityConnect
    • Lucera
    • OptionIT
    • Pico
    • Prime XM
    • TNSi/NetXpress
    • UltraFX

  • Post-trade solution providers – more
    • LMAX Drop Copy
    • LMAX Trade Aggregation Service
    • Cobalt
    • MarkitSERV
    • Traiana

Leveraging LMAX Exchange technology to set up private rooms

The LMAX Exchange scalable, high performance trading technology supports private room, bilateral trading with streaming firm liquidity on either a disclosed or non-disclosed basis. These flexible, off-exchange environments are highly configurable and customisable to ensure the precise requirements of each private room participant are met.