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LMAX Exchange holds regatta event in New York

Clipper round the world, LMAX Exchange teamNew 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.

LMAX Exchange, one of the UK’s fastest growing technology firms, invited a select group of New York-based clients to take part in an afternoon regatta on board three Clipper 70ft ocean racing yachts, on the iconic Hudson River. Guests were invited to change out of their suits and into ocean racing attire to become honorary race crew for the afternoon, providing a real taste of life aboard the LMAX Exchange yacht.

Speaking at the event, LMAX Exchange CEO David Mercer said: “I’d like to congratulate Team LMAX Exchange, which has continued to maintain its significant lead into the final stage of the race.

“The US, and specifically New York, is a key market for LMAX Exchange. Over the next six months, we are planning to grow significantly our existing presence in this market, including investment in the infrastructure that would allow us to deliver the power of our superior technology and quality of execution to North American clients. Accounting for over 25% of the global institutional FX market, the US represents the cornerstone of our growth strategy.”

Clipper Race Chairman and legendary sailor Sir Robin Knox-Johnston commented: “LMAX Exchange continues to demonstrate the unique opportunities our partners have to take the inspirational Clipper Race experience from the oceans to their clients’ boardrooms.

“Visiting global business destinations such as New York, London and China, have allowed LMAX Exchange to connect with their clients in a very new and engaging way which we hope will have a positive impact on their relationships in these vital markets.”

The event marks the end of the seventh leg of the race and the successful completion of Race 11, from Panama to New York - named The LMAX Exchange Race of the Americas. All 12 Clipper yachts are currently berthed at the iconic Liberty Landing in New Jersey.

Currently, Team LMAX Exchange leads the overall race standings following an impressive eight podium finishes, including five 1st place victories out of the eleven races so far. Since Race Start in London last August, the teams have raced to Rio de Janeiro, Cape Town, Sydney, Hobart, the Whitsundays, Da Nang – Vietnam, Qingdao- China, Seattle and Panama.

Race 12, the start of the final of the eight legs, sets sail on June 20th and will see the Clipper Race fleet head back across the Atlantic Ocean from New York to Derry Londonderry, Northern Ireland. The fleet will then race to Holland before embarking on the final stage 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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Media Contacts

For further information, please contact:

LMAX Exchange:
Barbara Pozdorovkina T: +44 (0)20 3192 2510 E: press@lmax.com

About LMAX Exchange

Recognised as one of the UK’s fastest growing technology firms for three consecutive years (2015, 2014 and 2013 Sunday Times, Tech Track 100), LMAX Exchange is the leading MTF for FX, authorised and regulated by the FCA. Servicing retail brokers, funds, corporates, asset managers and banks, LMAX Exchange delivers a unique vision for global FX trading - a transparent, neutral, level playing field for all market participants, regardless of status, size or activity levels.

The LMAX Exchange OPEN order book is driven by streaming, no ‘Last Look’ limit order liquidity. LMAX Exchange offers a range of key products, including spot FX, precious metals, commodities and equity indices, with complete pre and post-trade transparency and order execution where no ‘last look’ is standard. Orders are executed in strict price/time priority.

LMAX Exchange – the emerging benchmark 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

2015 Recognised as a Tech City Future Fifty company – Tech City UK Future Fiftymore

LMAX Exchange is part of the Future Fifty programme, focused on accelerating the success of high-growth tech businesses. close

FX industry awards:

2016, 2015, 2014, 2013 Best FX Trading Venue - ECN/MTF – WSL Institutional Trading Awards more

LMAX Exchange has been awarded The Wall Street Letter Institutional Trading Awards “Best FX Trading Venue - ECN/MTF” for four consecutive years. WSL 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 three 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

2013 Best Execution Venue – Forex Magnates Awards more

LMAX Exchange has been awarded the Forex Magnates Awards “Best Execution Venue”. The awards are granted to the top firms in their categories and announced at the annual London summit. 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

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

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

2011 Innovative Programming Framework – Oracle Duke's Choice Awards more

Oracle’s Duke's Choice Awards celebrate extreme innovation in the world of Java technology and are granted to the most innovative projects using the Java platform. close

LMAX Limited operates a multilateral trading facility (MTF). Authorised and regulated by the Financial Conduct Authority, FCA Registered no. 509778.