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.
One of the UK’s leading financial technology firms, LMAX Exchange invited a select group of 80 clients from the Asia region to meet, sail and celebrate with the Skipper and crew of its race team.
Guests, including Mr. He YuYing, Director of Capital Markets from the Qingdao Financial Affairs Office, Ms. Li Ming, Head of Wealth Management Co-operation Department of Qingdao, Clipper Race Founder Sir Robin Knox-Johnston and clients from all over Asia, were addressed by LMAX Exchange CEO, David Mercer, who said: “At LMAX Exchange we’re passionate about financial technology and we are serious about ambition and success. Asia is a vital market for our business and with so many important clients based in the region, we felt this would be a fitting location to celebrate the success of Team LMAX Exchange together with our valued clients in a unique and inspirational way.”
He added: “The Clipper Round the World Yacht Race is proving to be the perfect vehicle for showcasing the LMAX Exchange brand values of ambition, teamwork and innovation within a dynamic and challenging environment. And now as Team LMAX Exchange heads homeward from Qingdao we hope to continue to build on our success so far.”
Ahead of the formal business reception, guests were invited to change into ocean racing attire and become race crew for the afternoon aboard the LMAX Exchange yacht. Starting out from the Qingdao Olympic Marina, Skipper Olivier Cardin and his race crew put the guests to work and provided a real taste of life aboard an ocean racing yacht.
The Clipper Round the World Yacht Race is one of the biggest challenges of the natural world and an endurance test like no other. Starting and finishing in London, over 700 international crew compete in a matched fleet of twelve 70 foot racing yachts. It takes eleven months to complete the 40,000 nautical mile course in a series of 14 races between six continents. Along the way, crews endure Mother Nature’s toughest and most unpredictable weather conditions in some of the planet’s harshest environments.
Currently, Team LMAX Exchange leads the overall race standings following an impressive six podium finishes, including four 1st place victories out of the eight races so far. Since Race Start in London in August 2015, the teams have raced to Rio de Janeiro, Cape Town, Sydney, Hobart, the Whitsundays, Da Nang - Vietnam and Qingdao, China.
Clipper Race Chairman Sir Robin Knox-Johnston, the first man to sail solo, non-stop around the world in 1969, said: “As a first time Team Sponsor of the Clipper Race, I have been impressed at how well Team LMAX Exchange has embraced the adventurous spirit and competitive nature of the Clipper Race. A powerful blend of intense competition and human endeavour, the Clipper Race attracts sponsors and crew alike who share a desire to compete and push boundaries.
“LMAX Exchange has aligned fully with the race’s strong teamwork values, and this leads from the top, which was proven without doubt when CEO David Mercer opted to join the team for the Sydney Hobart Race. With over four months and five races still remaining, this commitment will no doubt support and inspire the LMAX Exchange team in its aim to maintain the race lead back to London.”
The Clipper Race stopover in Qingdao marks the end of Race 8 of the 14-stage global challenge. Race 9 to Seattle, USA sets sail on 20 March and will take teams almost 6000 nautical miles across the Pacific Ocean, the largest expanse of water on the planet, which is expected to take 31 days to complete. The Clipper 2015-16 Race will return to London’s St Katharine Docks, with a triumphant Thames River parade set to take place on Saturday 30 July 2016.
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About LMAX Exchange
Recognised as one of the UK’s fastest growing technology firms, LMAX Exchange is the leading MTF for FX, authorised and regulated by the FCA. Servicing funds, banks, brokerages and asset managers, LMAX Exchange delivers firm liquidity, anonymous exchange quality execution and a secure, transparent level playing field to all market participants, regardless of status, size or activity levels.
The LMAX Exchange open order book is driven by no ‘last look’ limit-order liquidity from top tier banks and non-bank financial institutions. Orders are executed in price/time priority with real time streaming continuous market and trade data published to all members. Offering a comprehensive range of instruments including spot FX, precious metals, commodities and equity indices, 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.
Business growth awards:
2016, 2015 Winner – Deloitte UK Technology Fast 50 more
Deloitte UK Technology Fast 50 is a ranking of the 50 fastest-growing technology companies in the UK, based on percentage growth of fiscal year revenues over the last four years. close
2015, 2014, 2013 Fastest Growing Tech Company in the UK – The Sunday Times Tech Track 100 more
LMAX Exchange has been recognised amongst the UK’s fastest growing technology firms for three consecutive years. Tech Track 100, compiled by Fast Track annually and published by the Sunday Times each September, lists Britain’s 100 fastest-growing private tech companies based on sales growth over the last three years. close
2016, 2015 Winner – Deloitte EMEA Technology Fast 500 more
The Deloitte EMEA Technology Fast 500 pre-eminent technology awards program is a ranking of Europe, the Middle East, and Africa's fastest-growing technology companies based on percentage revenue growth over three years. close
FX industry awards:
2017, 2016, 2015, 2014, 2013 Best FX Trading Venue - (ECN/MTF) – Fund Technology and WSL Awards more
LMAX Exchange has been awarded The Fund Technology and WSL Awards “Best FX Trading Venue - ECN/MTF” for five consecutive years. The awards honour excellence among providers to the institutional trading industry. close
2016, 2015, 2014, 2013 Best Margin Sector Platform – Profit & Loss Readers' Choice Awards more
LMAX Exchange has been awarded The Profit & Loss Readers’ Choice Awards “Best Margin Sector Platform” for four consecutive years. These awards are voted on by the readers and recognise excellence within the foreign exchange industry throughout the previous year. close
2014 Best Infrastructure/Technology Initiative – WSL Institutional Trading Awards more
LMAX Exchange has been awarded The Wall Street Letter Institutional Trading Awards “Best Infrastructure/Technology Initiative” in 2014. WSL awards honour excellence among providers to the institutional trading industry. close
Financial technology awards:
2016 Best Trading & Execution – HFM US Technology Awards more
The HFM US Technology awards recognise hedge fund technology providers that have demonstrated exceptional customer service and innovative product development in the past 12 months. close
2013 Best Overall Testing Project – The European Software Testing Awards more
2011 Best Trading System – Financial Sector Technology Awards more
The FST Awards recognise excellence and innovation in the field of information technology within the UK and EMEA financial services sector. close
LMAX Limited operates a multilateral trading facility (MTF). Authorised and regulated by the Financial Conduct Authority, FCA Registered no. 509778.