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LMAX Exchange in the Press

All the latest LMAX Exchange news coverage

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On this page we publish the latest press releases about LMAX Exchange Group.

LMAX Exchange Group Reports Record Interim Results in 2019

London, 29 July 2019 - LMAX Exchange Group (“LMAX Exchange” or “the Company”), a leading independent operator of institutional exchanges for electronic FX trading and crypto currencies, reports excellent growth and record financial performance for the six months to 30th June …read more

LMAX Exchange Group continues global expansion with the acquisition of a broker in Cyprus

London, 17 July 2019 LMAX Global (‘The Company’), a leading FCA-regulated broker for FX and part of LMAX Exchange Group, is pleased to announce that CySEC has formally approved its application for a purchase of Cyprus-regulated broker CB Capital Business ltd. Once complete, the …read more

LMAX Digital reaches record trading volumes of $5 billion in May

London, 4 June 2019 - LMAX Digital, a regulated institutional crypto currency exchange and part of the LMAX Exchange Group, has announced it reached record trading volumes during the month of May. A record $5 billion was traded on LMAX Digital in the month, with a record high …read more

LMAX Digital reaches four million completed trades as it celebrates one-year anniversary

London, 13 May 2019 - LMAX Digital, part of the LMAX Exchange Group, is celebrating its one-year anniversary as the first physical cryptocurrency exchange dedicated exclusively to serving institutional clients. …read more

LMAX Exchange Everest Rugby Challenge breaks two world records for highest ever rugby matches on Mount Everest

London, 6 May 2019 - LMAX Exchange Group (“LMAX Exchange” or “the Company”), a leading independent operator of institutional exchanges for electronic FX trading and crypto currencies, has helped raise over £250,000 for disabled and disadvantaged children in the UK and Ireland through its sponsorship of the ‘LMAX …read more

LMAX Exchange Group expands global crypto currency exchange having been granted a DLT Provider License from the Gibraltar Financial Services Commission

London, 17th April 2019 - LMAX Digital, the institutional crypto currency exchange operated by LMAX Exchange Group, a leading independent operator of institutional exchanges for electronic FX trading and crypto currencies, today announced that it has been granted a license as a Distributed Ledger Technology (DLT) Provider from …read more

LMAX Exchange strengthens institutional offering with the hire of Randy Rupan

London/New York, 9 April 2019 - LMAX Exchange Group (“LMAX Exchange” or “the Company”), a leading player in global capital markets that operates multiple institutional exchanges for electronic FX and crypto currency trading, has appointed Randy Rupan as Head of Liquidity …read more

LMAX Exchange Group Reports Another Year of Record Growth in 2018

London, 21 March 2019 - LMAX Exchange Group (“LMAX Exchange” or “the Company”), a leading independent operator of institutional exchanges for electronic FX trading and crypto currencies, reports excellent growth and record financial performance for the year ended 31st December 2018. …read more

LMAX Exchange Group expands global crypto currency exchange with positive in-principle decision on Gibraltar license

London, 8 March 2019 - LMAX Digital, the institutional crypto currency exchange operated by LMAX Exchange Group, a leading independent operator of institutional exchanges for electronic FX trading and crypto currencies, today announced that it has received an in-principle decision on the firm’s application …read more

LMAX Exchange Group adds credit intermediation solution to its institutional FX offering

London, 11 February 2019 - LMAX Exchange Group (“LMAX Exchange” or “the Company”), a leading player in global capital markets that operates multiple institutional exchanges for electronic FX trading, including LMAX Exchange, an FCA regulated MTF, today announced the addition of a global credit intermediation solution for spot FX trading. read more

LMAX Exchange to accelerate growth in Asia Pacific with strategic senior appointments

Hong Kong / Singapore, 22 January 2019 - LMAX Exchange Group (“LMAX Exchange” or “the Company”), a leading player in global capital markets that operates multiple institutional exchanges for electronic FX and crypto currency trading, has made two notable appointments in its Asia Pacific business as part of its expansion plans in the region. read more

Himanshu Kher joins LMAX Exchange as Group Treasurer

London, 21 January 2019 - LMAX Exchange Group (“LMAX Exchange” or “the Group”), a leading player in global capital markets that operates multiple institutional exchanges for electronic trading of FX and crypto currencies, has appointed Himanshu Kher as Group Treasurer. Himanshu began in this newly created role with LMAX Exchange at the start of 2019, having joined the firm from FTSE 250-listed IG Group plc, for whom he was also Group Treasurer. read more

Launching record-breaking ‘LMAX Exchange Everest Rugby Challenge’

London, 26 July 2018 - LMAX Exchange Group (“LMAX Exchange”), the global high-growth financial technology company, is pleased to announce the launch of the LMAX Exchange Everest Rugby Challenge, hosted in partnership with Wooden Spoon, the UK’s leading children’s rugby charity. read more

LMAX Global launches MT5 white label solution in partnership with Tools for Brokers

London, 3 July 2018 - LMAX Global, a leading FCA regulated broker for FX and part of LMAX Exchange Group, announces the launch of MT5 white label solution in partnership with Tools for Brokers (TFB), a leading software provider for FX brokers operating on Metatrader platforms. read more

Roland White joins LMAX Exchange to lead global institutional sales

London, 22 June 2018 - LMAX Exchange Group (“LMAX Exchange”), the leading institutional exchange for global FX trading, has appointed FX veteran Roland White to the newly created position of Global Head of Institutional Sales, reporting to David Mercer, CEO of LMAX Exchange. Roland joins LMAX Exchange on 30 July 2018 from Commerzbank, where he was Head of Electronic Foreign Exchange Sales in London for eight years. read more

LMAX Exchange Group launches the first institutional crypto currency exchange

London, 21 May 2018 - LMAX Exchange Group (“LMAX Exchange”), one of the UK’s fastest growing technology companies, reports record breaking financial performance. read more

Institutional client demand drives record growth for LMAX Exchange in 2017

London, 8 May 2018 - LMAX Exchange Group (“LMAX Exchange”), one of the UK’s fastest growing technology companies, reports record breaking financial performance. read more

LMAX Global liquidity is now available through Kx trading platform

London, 14 February 2018 - LMAX Global, the FCA regulated broker for FX and part of the LMAX Exchange Group, is pleased to announce that its global liquidity has been added to the Kx trading platform, Kx for Flow, one of the leading technology platforms for FX trading. read more

LMAX Exchange Group consolidates ownership to continue growth trajectory

London, 1 February 2018 - LMAX Exchange Group (“LMAX Exchange”), the leading institutional exchange for global FX trading, has completed an equity purchase of Paddy Power Betfair plc’s remaining stake in the business. The 31.35% stake (or 187,811 shares), bought for £21,945,000, brings 95% of the company under the control of the Group’s management. read more

Quentin Miller Joins LMAX Exchange as Head of Institutional FX for Asia Pacific

London, Singapore, 11 January 2018 - LMAX Exchange Group, one of the world’s fastest growing technology companies, has announced the appointment of Quentin Miller to the newly created position of Head of Institutional FX for Asia Pacific, based in Singapore. Quentin will be responsible for growing the LMAX Exchange institutional business in the region and will report to Scott Moffat, the Managing Director for Asia Pacific. read more

LMAX Exchange Group launches LMAX Global, a new fully regulated FCA broker alongside the regulated LMAX Exchange

London, 3 January 2018 - LMAX Exchange Group, one of the UK’s fastest growing technology companies and the leading advocate of enhanced transparency and fairness in FX trading, welcomes MiFID II. To meet the regulatory changes under MiFID II, aimed at improving transparency in financial markets, the company has completed the transition of its MTF and Broker businesses into two distinct FCA regulated entities: LMAX Exchange and LMAX Global, both now part of the LMAX Exchange Group. read more

LMAX Exchange and academic expert unite to advance transparency in FX markets

London, 15 November 2017 - LMAX Exchange, the FCA regulated multilateral trading facility (MTF) for foreign exchange (FX), announces its partnership with a leading academic at the University of Oxford to develop a methodology for consistent evaluation of trading costs across liquidity pools that can be used by the FX industry. read more

LMAX Exchange global liquidity is now available through the Seabury FXone trading platform

London, 9 November 2017 - LMAX Exchange, the leading FCA regulated MTF for FX trading, is pleased to announce that its global liquidity has been added to Seabury’s FXone trading platform. read more

LMAX Exchange responds to GFXC request for feedback on Last Look practices in the FX market

London, 21 September 2017 - Today LMAX Exchange submitted its feedback on Last Look practices to the GFXC Secretariat, as part of the formal consultation process on the wording of Principle 17 of the Global FX Code. read more

LMAX Exchange names Scott Moffat Managing Director for Asia Pacific

London, Singapore, 15 August 2017 - LMAX Exchange, the leading FCA regulated MTF for FX, has announced the appointment of Scott Moffat as Managing Director for Asia Pacific, based in Singapore. Part of the LMAX Exchange founding team and former Chief Operating Officer, Scott Moffat will be instrumental in strengthening the company’s position in the region and building upon the existing presence, including the sales and operational hub in Hong Kong (set up in early 2015) and Tokyo-based exchange (launched in late 2014). read more

Matt DellaRocca joins LMAX Exchange

London, New York, 13 June 2017 - LMAX Exchange, the FCA regulated MTF for FX, has appointed Matt DellaRocca to the newly created position of Liquidity Manager for the Americas. Matt will be responsible for the real-time management, monitoring and analysis of all LMAX Exchange liquidity in the US. Matt joins LMAX Exchange from Bloomberg Tradebook, where he was a Liquidity Manager. read more

LMAX Exchange awarded P&L ‘Best Margin Sector Platform’ for the 5th year running

London, 25 May 2017 - LMAX Exchange, the leading FCA regulated MTF for global FX and one of the UK’s fastest growing technology firms, has been named ‘Best Margin Sector Platform’ for the 5th year running at the 2017 Profit & Loss Readers’ Choice Awards in New York. read more

White paper offers new blueprint for TCA in global FX market

London, 15 May 2017 - LMAX Exchange today publishes research that seeks to transform how the global FX market understands the cost of trading and quality of execution. The paper aims to begin a period of FX industry engagement, debate and agreement to better market structures that benefit all participants. read more

LMAX Exchange announces record high profitability in 2016

London, May 2017 - Today, LMAX Exchange, one of UK’s fastest growing financial technology firms and the leading MTF for FX trading, is pleased to announce record high profitability with reported annual EBITDA of £5.6m in 2016. This marks the company’s strongest financial performance to date and demonstrates its rapidly expanding footprint in the global FX market – particularly remarkable in the face of a difficult period for the spot FX industry, which has seen a volume decline of 19% over the last 3 years. read more

LMAX Exchange takes the lead in supporting Great Britain Wheelchair Rugby

London, 19 April 2017 - LMAX Exchange, the leading FCA regulated MTF for global FX trading and one of the UK’s fastest growing technology firms, has today announced a ground-breaking partnership with GB Wheelchair Rugby (GBWR). The partnership will assist with the funding of GBWR as the team prepares for the 2017 European Championships in Germany and the 2018 World Championships in Australia. read more

Statement of commitment to the FX Global Code

London, 5 April 2017 - As the leading FCA regulated MTF for FX, operating a central limit order book with no ‘last look’, LMAX Exchange is committed to serve as the industry’s best practice for transparency and fairness in FX execution and to lead, by example, the positive reforms aimed at restoring trust and integrity in the FX marketplace. read more

LMAX Exchange wins Best FX Trading Venue (ECN/MTF) for the fifth year running

London, 14 February 2017 - LMAX Exchange, the leading FCA regulated MTF for global FX trading and one of the UK’s fastest growing technology firms has been recognised as the ‘Best FX Trading Venue (ECN/MTF)’ for the fifth year running at the Fund Technology and WSL Awards 2017 in New York. read more

LMAX Exchange announces 2015 growth figures and is on track to deliver significant profitability in 2016

London, October 2016 - Today, LMAX Exchange releases its 2015 results that show the company delivered on its core growth objectives despite a small financial loss. read more

LMAX Exchange expands in the US with the launch of a New York-based exchange

New York & London, 26 September 2016 - LMAX Exchange, the leading MTF for FX, today announced the expansion of its global infrastructure with the launch of its North American matching engine in the Equinix International Business Exchange™ (IBX®) data centre in New York (NY4). read more

LMAX Exchange wins the Clipper 2015-16 Round the World Yacht Race

London, 30 July 2016 - Team LMAX Exchange have been crowned the overall winners of the Clipper 2015-16 Round the World Yacht Race. The amateur crew completed the epic eleven month, 40,000 mile journey around the globe and endured some of the most extreme conditions ever experienced in the event’s 20-year history. read more

LMAX Exchange calls for UK to lead global regulatory change in the $5.3 trillion FX industry

London, 11 July 2016 - LMAX Exchange, the leading Multilateral Trading Facility (MTF) for FX and one of the UK’s fastest growing fintech companies, is calling for UK financial regulators to show worldwide leadership and deliver on the FEMR objectives to improve transparency in the FX market, set out by the Chancellor of the Exchequer and the Governor of the Bank of England in June 2014. read more

LMAX Exchange wins Race 12 – the LegenDerry Finale

London, 7 July 2016 -Team LMAX Exchange has claimed its sixth victory of the Clipper 2015-16 Round the World Yacht Race by winning Race 12, the LegenDerry Finale. read more

LMAX Exchange holds regatta event in New York

New York, 16 June 2016 -Team LMAX Exchange, currently leading the Clipper 2015-16 Round the World Yacht Race, the toughest amateur sailing challenge on the planet, celebrated its arrival into New York this week by holding a day of unique client events. read more

LMAX Exchange wins P&L ‘Best Margin Sector Platform’ for the fourth year running

London, 27 May 2016 - LMAX Exchange, the leading FCA regulated MTF for global FX and one of the UK’s fastest growing technology firms, has been named ‘Best Margin Sector Platform’ for the fourth year running at the 2016 Profit & Loss Readers’ Choice Awards in New York. read more

LMAX Exchange included in The Leap 100 2016: The definitive list of fast-growth companies

London, 20 April, 2016 - Today, LMAX Exchange has been included in The Leap 100 2016 – a list of the 100 most exciting, fast-growth companies in the UK, launched by Mishcon de Reya and City AM. LMAX Exchange was selected on the basis of the growth achieved over the past 12 months and has been identified as one of the ‘ones to watch’ for 2016. read more

LMAX Exchange celebrates Asia success

Qingdao, China, 21 March 2016 - Team LMAX Exchange, currently leading the Clipper 2015-16 Round the World Yacht Race (one of the toughest endurance sailing challenges on the planet), celebrated its arrival into Qingdao, China this week, by holding a unique Asia based Client appreciation day. read more

LMAX Exchange wins best FX ECN/MTF for the fourth year running

London, 25 February 2016 - LMAX Exchange, the leading FCA regulated MTF for global FX and one of the UK’s fastest growing technology firms, has been named ‘Best FX Trading Venue (ECN/MTF)’ for the fourth year running at the 2016 Wall Street Letter (WSL) Institutional Trading Awards in New York. read more

LMAX Exchange awarded ‘Best trading & execution technology’ for the Hedge Fund Industry

London, 23 February 2016 - LMAX Exchange, the leading FCA regulated MTF for global FX trading and one of the UK’s fastest growing technology firms has been recognised as the ‘Best trading and execution technology’ at the HFM US Technology Awards 2016 in New York. read more

LMAX Exchange Team wins race 6 by 42 seconds in round The World Race

London, 11 January 2016 - In the tightest, most thrilling battle yet of the Clipper 2015-16 Round the World Yacht Race, LMAX Exchange claimed an incredibly narrow victory of just 42 seconds over GREAT Britain in the Henri Lloyd Hobart to Whitsundays Race. read more

Team LMAX Exchange wins race four of the Clipper Race to Sydney

London, 14 December 2015 - Team LMAX Exchange has crossed the finish line in Sydney, taking line honours in Race 4: The Elliot Brown Timekeeper Cup of the Clipper Race. read more

Team LMAX Exchange wins third leg of Round the World Race

London, 23 November 2015 - Following their victory in the first leg of the Clipper Round the World Yacht Race, Team LMAX Exchange was the first crew to reach the west coast of Australia, claiming maximum points in the third leg of the biennial event. read more

UK’s fastest growing fintech company shows route forward for $5.3tn FX market

London, 19 October 2015 - LMAX Exchange, the leading Multilateral Trading Facility (MTF) for FX and the UK’s fastest growing fintech company has today launched a report, Restoring trust in the global FX markets. read more

Team LMAX Exchange wins first leg of Round the World Race

London, 28 September 2015 - Team LMAX Exchange is the first to reach Rio de Janeiro to win the opening leg of the biennial Clipper Round the World Yacht Race. read more

UK’s leading Fintech company driving global transformation in FX market

London, 7 September 2015 - LMAX Exchange has been ranked the UK’s sixth fastest growing technology company in the 2015 Sunday Times Tech Track 100 league table, marking the third consecutive year (#1 in 2014 and #15 in 2013) the company has featured in the prestigious list based on annual sales growth over the last three years. read more

Fintech leader to sponsor team in Clipper Round the World Yacht Race

London, 5 August 2015 - The UK’s leading financial technology firm is set to continue its extreme sporting prowess by sponsoring a team in the biennial Clipper Round the World Yacht Race. LMAX Exchange will be making its global ocean-racing debut at the end of the month when the 40,000 nautical mile race begins in London. read more

LMAX Exchange CEO comments on the FEMR report

London, 11 June 2015 - Commenting on the Fair and Effective Markets Review Final Report published yesterday, David Mercer, CEO of LMAX Exchange, said, “As the leading FCA regulated MTF for spot FX operating a ‘no last look’ open order book, we fully welcome the review’s endeavour to bring increased transparency to the FX market. We will fully support and cooperate with the new market standards committee to help drive the effort in increasing fairness and transparency in FX markets globally.” read more

LMAX Exchange wins Best Margin Sector Platform for the third year running

London, 29 May 2015 - LMAX Exchange, the leading FCA regulated MTF for global FX and the UK’s fastest growing technology firm, has been named ‘Best Margin Sector Platform’ for the third year running at the 2015 Profit & Loss Readers’ Choice Awards in New York. read more

LMAX Exchange, the UK’s fastest growing technology company, achieves first full year of profitability following global expansion

London, 20 May 2015 - LMAX Exchange, the UK’s fastest growing technology company and the leading FCA regulated MTF for FX, is pleased to announce its first full year of profitability with reported annual net profits of £0.5 million in 2014. read more

LMAX Exchange widens distribution of its TY3 liquidity by adding access via PrimeXM

London UK, 29 April 2015 - LMAX Exchange, the FCA regulated MTF for global FX and the UK’s fastest growing technology firm, announced that it will widen the distribution of liquidity from its Tokyo-based matching engine via PrimeXM. read more

LMAX Exchange launches Prime of Prime service

London UK, 16 March 2015 - LMAX Exchange, the world leading FCA regulated MTF for global FX and the UK’s fastest growing technology firm, has launched LMAX Prime, a prime of prime service to provide retail brokers, hedge funds and asset managers with credit intermediation and bespoke liquidity arrangements with access to multiple venues. read more

LMAX Exchange joins the Linux Foundation to champion open source

London UK, 12 March 2015 - LMAX Exchange, the world leading FCA regulated MTF for global FX trading and the UK’s fastest growing technology firm, today announced it has become a member of the Linux Foundation, the nonprofit organisation dedicated to accelerating the growth of Linux and collaborative development. read more

LMAX Exchange and Z.com Trade extend liquidity solution to MT4 clients through PrimeXM

London UK, 9 March 2015 - A three party alliance between the world leading FCA regulated MTF for FX, the world’s largest retail FX provider and a leading MT4 bridge solution is opening access to a unique no ‘Last Look’ liquidity pool to a new group of traders. read more

LMAX Exchange wins best FX ECN/MTF for the third year running

London, 5 February 2015 - LMAX Exchange, the leading FCA regulated MTF for global FX and the UK’s fastest growing technology firm, has been named ‘Best FX Trading Venue (ECN/MTF)’ for the third year running at the 2015 Wall Street Letter (WSL) Institutional Trading Awards. read more

LMAX Exchange announces partnership with Z.com Trade

London, 19 January 2015 - The UK’s fastest growing technology firm, LMAX Exchange, an FCA regulated MTF for FX trading, is pleased to announce its partnership with GMO-Z.com Trade UK Limited (“Z.com Trade”), a member of the Japan-headquartered GMO CLICK Holdings Inc. group of companies, which is the world’s largest retail FX provider by volume1. read more

Business as usual at LMAX Exchange following extreme CHF volatility

London, 16 January 2015 - LMAX Exchange, the world leading regulated MTF for FX, today reported business as usual following the extreme market volatility caused by the discontinuation of the CHF peg by the SNB with the only changes being temporary increased margins of 10% on EURCHF and USDCHF and 5% on other CHF crosses. read more

LMAX Exchange launches in Hong Kong

London, 13 January 2015 - LMAX Exchange, the leading FCA regulated MTF for global FX trading and the UK’s fastest growing technology firm, today announced the launch of LMAX Hong Kong Limited, an SFC licensed broker for leveraged foreign exchange trading. read more

Asian clients to gain access to low latency, non ‘last look’ trading on LMAX Exchange

London, 16 December 2014 - The UK’s fastest growing technology firm, LMAX Exchange, today announced the launch of a matching engine in the Equinix IBX Data Centre in Tokyo (TY3). read more

Tech City UK announces new companies joining future fifty programme

London, 11 December 2014 - Tech City UK has today announced that 12 growth stage digital companies will be joining its Future Fifty programme. read more

Tom Gould joins LMAX Exchange as Head of US Sales

London, 24 November 2014 - LMAX Exchange, the FCA regulated MTF for FX, has appointed former Sales Director of e-FX at Bank of America, Tom Gould, to the newly created position of Head of US Sales. Tom will be responsible for driving the institutional growth of LMAX Exchange in the US, the market accounting for over 25% of global FX trading. read more

LMAX Exchange – The UK’s No.1 ranked, fastest growing technology firm in the 2014 Sunday Times Hiscox Tech Track 100

London, September 2014 - LMAX Exchange has been ranked No.1 overall in the Sunday Times Tech Track 100 league table, eclipsing its 2013 ranking of 15th, with a remarkable growth of 307.8% in annual revenues. LMAX Exchange also ranked No.1 within the financial technology sector, for the second year running. read more

Patrick Bartle joins LMAX Exchange as Global Head of FX Strategy

London, June 2014 - LMAX Exchange, the FCA regulated MTF for FX, has appointed former Global Head of FX at ABN Amro, Patrick Bartle, to the newly created position of Global Head of FX Strategy. Patrick will be responsible for driving the global expansion of LMAX Exchange and will be based in North America, where over 25% of all FX trading takes place. read more

LMAX Exchange named “Best Margin Sector Platform”

London, May 2014 - LMAX Exchange has great pleasure in announcing that it has been awarded the “Best Margin Sector Platform” for the second year in a row at the 2014 Profit & Loss Readers’ Choice Awards in New York. read more

Access to the award-winning LMAX Exchange is now available through FP Markets, the leading Australian broker

London, March 2014 - LMAX Exchange, the leading FCA regulated MTF for FX trading, is pleased to announce a partnership with FP Markets, the leading Australian online brokerage. read more

LMAX Exchange supports world record Arctic Rugby Challenge

London, March 2014 - LMAX Exchange, the FCA regulated MTF for FX, is very pleased to support the Arctic Rugby Challenge, a pioneering charity expedition to the Magnetic North Pole. read more

Another big win for LMAX Exchange at the 2014 WSL Institutional Trading Awards

London, February 2014 - LMAX Exchange has been named "Best FX Trading Venue - ECN/MTF" and “Best Infrastructure/Technology Initiative by Exchange/ATS” at this year’s Wall Street Letter (WSL) Institutional Trading Awards. LMAX Exchange has been recognised alongside leading global exchanges and financial services firms, including NASDAQ OMV, ICE NYSE Euronext, BNP Paribas Securities. read more

LMAX Exchange becomes the first regulated MTF to list Ven

London/Davos, January 2014 - LMAX Exchange, the FCA regulated MTF for FX trading, announces it will become the first regulated MTF to list Ven, enabling brokers, institutions and banks to trade the currency. read more

LMAX Exchange adds RUB and CNH

London, January 2014 - LMAX Exchange, the leading FCA regulated MTF for FX trading, has added ruble (RUB) and offshore renminbi (CNH) currency pairs to its existing list of over 70 traded instruments. read more

LMAX Exchange named “Best Overall Testing Project”

London, November 2013 - LMAX Exchange is pleased to announce that it has been awarded “2013 Best Overall Testing Project – Finance Sector” at the European Software Testing Awards. read more

The European Software Testing (TESTA) Awards recognise excellence and innovation in the software testing and quality assurance across a variety of industries. read more

LMAX Exchange named “Best Margin Sector Platform”

London, May 2013 - LMAX Exchange takes great pleasure in announcing that it has been awarded the “Best Margin Sector Platform” at the 2013 Profit & Loss Readers’ Choice Awards. read more

LMAX Exchange chooses Azul Systems’ Innovative Zing to further optimise execution performance

LONDON, UK, and SUNNYVALE, Calif., April 8, 2013 - LMAX Exchange, the leading FSA regulated MTF for FX, announced today a strategic partnership with Azul Systems, the leading Java solution provider for applications requiring low latency and scalability. LMAX Exchange will use Azul’s Zing™ Java Virtual Machine (JVM) for continuous performance optimisation of its low latency execution venue. read more

LMAX Exchange named “Best FX Trading Platform – ECN / MTF”

London, February 2013 - LMAX Exchange is pleased to announce that it has won the 2013 Wall Street Letter (WSL) Institutional Trading Award for "Best FX Trading Platform - ECN/MTF". In gaining this prestigious accolade, LMAX Exchange triumphed over established industry heavyweights: FXall, Knight Hotspot FX and Bloomberg Tradebook. read more

LMAX Exchange Announces a Management Buyout Transaction

London, December 2012 - LMAX Exchange (“the Company”), the leading FSA regulated Multilateral Trading Facility (“MTF”) for FX and metals, announces today that it has successfully agreed a Management Buyout (“MBO”) transaction, subject to FSA approval. read more

LMAX Exchange Selects Equinix to further Enhance Execution Capabilities

London, UK and Redwood City, Calif., 6 December 2012 - Equinix Inc. (Nasdaq: EQIX), the global interconnection and data centre company, today announced that LMAX Exchange, the leading FSA regulated MTF for FX and metals, has selected the Equinix London LD4/5 data centre campus in Slough as its primary operational site. The move positions LMAX Exchange in the epicentre of institutional FX trading, further enhancing access to its award-winning trading technology and reinforcing superior execution capabilities. read more

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On this page we publish the latest press articles about LMAX Exchange Group.
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FX: A Trading or Data Business?

Profit & Loss, 11 October 2019 – At the recent Forex Network Chicago conference David Mercer, CEO of LMAX Exchange Group, was interviewed by Colin Lambert about the foreign exchange and crypto market landscapes. This is an edited and abridged version of that discussion.... read more

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LMAX to launch matching engine in Singapore

FX Week, 25 July 2019 – London-based LMAX Exchange plans to launch a matching engine in Singapore within the next 18 months, making it the latest currency market participant to support the Monetary Authority of Singapore’s (MAS) aim to expand trading on the island... read more

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LMAX Exchange: Master of Its Own Destiny

Profit & Loss, 1 March 2019 – “2018 was a transitional year for foreign exchange,” reflects David Mercer, CEO of LMAX Exchange Group. The first thing he points to in order to back up this claim is the impact of new regulations, which changed the way that LMAX Exchange did business in a number of areas... read more

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Laying the foundations – FX takes steps to secure its future

E-Forex Magazine November 2018 – In the wake of a succession of scandals, FX market participants may have exhaled a collective sigh of relief at having, for the time being at least, averted regulation. But the principles-based FX Global Code (the Code) is not yet the finished article and nor is everyone content with it... read more

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FOREIGN EXCHANGE: One last look

Funds Europe, 1 April 2018 – FX fees and transaction methods have come under the spotlight once again since the UK’s Investment Association issued guidelines on market practices. Catherine Lafferty looks at the scale of the issue in the UK and Europe... read more

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‘We all better listen up’: The CEO of an FX trading firm says Wall Street needs to pay attention to the breakneck growth of crypto exchanges

Business Insider UK, 10 March 2018 – Cryptocurrency-exchanges are growing fast thanks to the booming market for digital coins. That has David Mercer, the CEO of LMAX Exchange, a foreign exchange trading firm, warning Wall Street that crypto-exchanges might soon come after their respective businesses... read more

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Investment Association unhappy with controversial FX practice

Financial News, 22 February 2018 – Investment Association is concerned about the impact of so-called ‘last look’ and thinks it should be banned in some instances... read more

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Transparency means clarity, conciseness and common metrics

Financial Times, 14 November 2017 – Norges Bank Investment Management is right to challenge the foreign exchange industry to bring more transparency to the market... read more

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Last look consultation closes, outcome uncertain

FX Week, 21 September 2017 – The Global Foreign Exchange Committee (GFXC) has ... read more

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Has the Global Code Made Life Harder for the Buy Side?

Profit & Loss, 16 June 2017 – On the day that the second and final phase of... read more

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FX’s controversial ‘last look’ goes under the microscope

Financial News, 7 June 2017 – The first task of a new industry body is to examine instances... read more

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Platforms voice support for Code, but shy away from policing clients

FX Week, 2 June 2017 – While venues overwhelmingly say they will adhere... read more

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Human FX Traders Are Becoming a Rare Breed — Except in Asia

Bloomberg, 1 June 2017 – While venues overwhelmingly say they will adhere... read more

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Vanguard Says Currency Markets Fall Short in Curbing ‘Last Look’

Bloomberg, 25 May 2017 – Andy Maack’s vision of a fair currency market doesn’t include... read more

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A Last Look at Last Look?

Profit & Loss, 25 May 2017 – There is one area of the Global Code of Conduct that continues... read more

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Currency Traders Race to Reform ‘Last Look’ After Bank Scandals

Bloomberg, 17 May 2017 – Currency traders may not be fast enough, at least when it comes to... read more

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LMAX Exchange Challenges Conventional Wisdom on TCA

Profit & Loss, 15 May 2017 – A new white paper released today by LMAX Exchange seeks... read more

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Editorial analysis of LMAX Exchange TCA white paper

Profit & Loss, 15 May 2017 – The FX TCA analysis from LMAX Exchange should be welcomed... read more

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Last look times should reflect faster data, say panellists

FX week, 28 April 2017 – Risk warehousing timeframes have shrunk; market-makers no longer... read more

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LMAX chief wants ‘Jurassic’ perks extinct in FX

Financial News, 21 April 2017 – The Belfast boy tackling prevailing forex market structure talks... read more

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XTX puts pressure on ‘last look’ in spot FX

Euromoney, 8 February 2017 – FX market-maker XTX Markets is placing its bets on trade... read more

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LMAX Exchange bucks trend with PoP launch

FX Week, March 2015 - Foreign exchange trading platform LMAX Exchange has launched a prime-of-prime (PoP) service, aimed at providing retail brokers, hedge funds and asset managers with credit, liquidity and market access. ... read more

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Currency exchange group named Britain’s fastest-growing tech firm

City AM, September 2014 - LMAX Exchange, the provider of an exchange-based currency trading platform, has been named Britain’s fastest-growing private technology company by Fast Track, after its annual sales rose 307.8 per cent over the past three years to £18.37m last year... read more

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LMAX Exchange chief executive predicts FX volumes will double by 2020

FX Week, January 2014 - Global foreign exchange volumes could double by 2020 due to growth in emerging markets (EM) currencies in Asia and Russia, according to David Mercer, chief executive of trading platform LMAX Exchange, which has added ruble and offshore renminbi (CNH) to its list of traded currencies to benefit from the surge in volumes... read more

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LMAX Exchange: An FX exchange for a new era

Euromoney, 9 November 2012 - Finding an edge in the crowded space of multi-dealer FX platforms is a difficult proposition these days. So far in 2012, a dozen new platforms have entered the market looking to cater to institutional clients. Not all of those will stand the test of time... read more