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.
The award was presented during a gathering of FX industry luminaries at the Cipriani Hotel in New York City on February 13, and received by Steve Toland, Head of Exchange Strategy and Barbara Pozdorovkina, Head of Corporate Development for LMAX Exchange.
The WSL Institutional Trading Awards recognise excellence among providers to the institutional trading industry, awarding exchanges, brokerages and financial technology companies for achievements and innovation throughout the previous year.
David Mercer, CEO of LMAX Exchange commented:
“We are delighted to have won the 2013 WSL ‘Best FX Trading Platform – ECN/MTF’ – and it is all the more gratifying to know that we were chosen over the illustrious FX industry stalwarts of FXall, Knight Hotspot FX and Bloomberg Tradebook.
The WSL Award confirms for us that the institutional market has now discovered that the LMAX Exchange model really is the most efficient and cost effective way to trade very liquid products like spot FX.
In the coming months and years we look forward to more institutional participants discovering the unique benefits of exchange quality execution, total pre and post-trade transparency and the level playing field for all that LMAX Exchange delivers.”
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).
About Wall Street Letter
Wall Street Letter provides unrivalled in-depth intelligence on the latest trading, technology and trade processing news and how they impact financial businesses. WSL does not rewrite press releases; instead, you get the latest information on the biggest developments in the trading technology market straight from the horse’s mouth. No other publication provides daily updates on every part of the trading process, 360 degrees from pre-trade analytics to post-trade processing.