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 volume.
The partnership will provide Z.com Trade clients with access to LMAX Exchange’s unique non ‘last-look’ liquidity and unparalleled exchange-quality execution. Simply matching buyers with sellers within an anonymous non ‘last look’ execution venue, LMAX Exchange will offer Z.com Trade clients transparent price discovery, neutral, precise and conflict free execution in over 70 instruments, including spot FX, precious metals, indices and commodities.
Nick Cropper, General Manager at Z.com Trade, commented: “We are excited to announce our partnership with LMAX Exchange, and look forward to offering our clients a best-in-class trading experience that is both fair and transparent. As a group member of the world’s largest retail FX provider, Z.com Trade is highly committed to innovation and excellence. Recognising the growing trend towards transparent, exchange style trading, we are happy to announce that access to LMAX Exchange will be available when we launch in early 2015, beginning with access via an API connection for experienced traders.”
Andreas Wigstrom, Head of International Development at LMAX Exchange, added: “This partnership offers significant global growth opportunities for both firms. We are delighted to partner with the world’s leading FX brokerage, whose skills, capabilities and commitment to excellence are well known in the global FX market. The partnership will greatly advance the Z.com Trade offering and provide a transparent, fair, low latency trading experience for its clients.”
The partnership combines the strengths of both firms to deliver the optimal trading experience to clients worldwide.
For further information please contact:
LMAX Exchange (London):
Barbara Pozdorovkina T: +44 20 3192 2510 E: [email protected]
About LMAX Exchange
LMAX Exchange Group is a dynamic, visionary and award-winning financial technology company. Recognised as one of the UK’s fastest growing technology firms, LMAX Exchange is leading the transformation of the global FX industry to transparent, fair, precise and consistent execution. Operating one global marketplace for trading FX, metals, indices and commodities, LMAX Exchange delivers open access, transparency and a level playing field to all market participants.
LMAX Exchange Group offers all clients the ability to trade on LMAX Exchange central limit order book, driven by streaming no ‘last look’ limit-order liquidity from top tier banks and non-bank financial institutions. Servicing funds, banks, brokerages, asset managers and proprietary trading firms, LMAX Exchange offers an anonymous, regulated, rules-based trading environment, order execution in strict price/time priority, and access to real-time streaming market and trade data, enabling all market participants to control execution quality and total trading costs.
Offering a comprehensive range of instruments and ultra-low latency execution, LMAX Exchange operates a global FX exchange infrastructure with matching engines in London, New York and Tokyo.
LMAX Exchange - a unique vision for global FX.
Financial technology awards:
2017 Best FX Trading Venue - (ECN/MTF) – Fund Technology and WSL Awards more
2016 Best Trading & Execution Technology – HFM US Technology Awards more
2013 Best Overall Testing Project – The European Software Testing Awards more
2011 Best Trading System – Financial Sector Technology Awards more
FX industry awards:
2018, 2017, 2013 Best Execution Venue – Forex Magnates Awards more
2017, 2016, 2015, 2014, 2013 Best FX Trading Venue - (ECN/MTF) – WSL Awards more
2017, 2016, 2015, 2014, 2013 Best Margin Sector Platform – Profit & Loss Readers' Choice Awards more
2014 Best Infrastructure/Technology Initiative – WSL Institutional Trading Awardsmore
Business growth awards:
2016, 2015 Winner – Deloitte UK Technology Fast 50 more
2016, 2015 Winner – Deloitte EMEA Technology Fast 500 more
2015, 2014, 2013 Fastest Growing Tech Company in the UK – The Sunday Times Tech Track 100 more
LMAX Exchange Group is the holding company of LMAX Limited and LMAX Broker Limited.
LMAX Exchange is a trading name of LMAX Limited, which operates a multilateral trading facility, authorised and regulated by the Financial Conduct Authority (firm reference number 509778) and is a company registered in England and Wales (number 6505809).
LMAX Global is a trading name of LMAX Broker Limited which is authorised and regulated by the Financial Conduct Authority (firm reference number 783200) and is a company registered in England and Wales (number 10819525).