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.
LMAX Exchange, one of the UK’s fastest growing technology firms, invited a select group of N ew 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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LMAX Exchange:
Barbara Pozdorovkina T: +44 (0)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.
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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).