LMAX Exchange Selects Equinix to further Enhance Execution Capabilities
London, UK and Redwood City, Calif., 6 December 2012 – Equinix Inc. (Nasdaq: EQIX), the global interconnection and data centre company, today announced that LMAX Exchange, the leading FSA regulated MTF for FX and metals, has selected the Equinix London LD4/5 data centre campus in Slough as its primary operational site. The move positions LMAX Exchange in the epicentre of institutional FX trading, further enhancing access to its award-winning trading technology and reinforcing superior execution capabilities.
Established to deliver the benefits of exchange execution, LMAX Exchange optimises the FX trading strategies of buy and sell-side trading institutions by offering precise, consistent execution, transparent cost of trade and a level playing field for all market participants. As a result, clients benefit from superior low-latency trading with an average matching speed of 3ms in over 60 FX pairs.
“We moved to Equinix because they are well placed to provide us with more than just data centre services,” said Andrew Phillips, Head of Systems, LMAX Exchange. “There is a significant amount of FX activity taking place on Platform Equinix, not just in Slough, but worldwide. Locating our matching engine in one of the key centres of this community puts LMAX Exchange at the client’s fingertips.”
There is a large and growing ecosystem of global traders and other financial services providers inside Equinix data centres. The Equinix LD4/5 campus houses nearly 200 trading participants, all of whom can connect directly to the LMAX Exchange. With over 50 low-latency network providers, the LD4/5 campus also provides transatlantic connectivity for ‘follow the sun’ FX trading, with a 65.7ms round-trip between LD4/5 and New York. Globally, Platform Equinix™ provides access to more than 700 financial customers spread across the world’s top 16 global financial markets, as well as the leading equity MTFs, multiple FI platforms, dark pools, commodities, and new derivative products.
“LMAX Exchange is a welcome addition to the Equinix financial ecosystem, extending the range of venues we host outside the traditional Equities markets,” said Dick Theunissen, CMO, Equinix EMEA. “Their pioneering approach to reengineering electronic investment models will bring major benefits to the trading community in our London LD4/5 campus and further afield.”
Media Contacts
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.
2023
40 Top Innovators in Financial Markets – TabbFORUMmore
Best Execution Venue – Finance Magnates Awardsmore
Best Cryptocurrency Exchange – Finance Magnates Awardsmore
Best Crypto Trading Platform – Financial News Awardsmore
Best Exchange – Hedgeweek European Digital Assets Awardsmore
2022 - 2021
40 Top Innovators in Financial Markets – TabbFORUMmore
Best Exchange (Innovation) – Hedgeweek European Digital Assets Awardsmore
Best Crypto Trading Platform – Financial News Awardsmore
Best Execution Venue – Finance Magnates Awardsmore
Best Execution Venue – Global Forex Awards B2B more
Best Execution Venue – Finance Magnates Awardsmore
2020 - 2019
Best Cryptocurrency Exchange – Finance Magnates Awardsmore
Best Institutional Digital Asset Platform – Profit & Loss Readers' Choice Awardsmore
Crossover Award for Best Crypto/Fiat Initiative – Profit & Loss Readers' Choice Awardsmore
Best Anonymous Matching Platform – Profit & Loss Reader' Choice Awardsmore
Best Execution Venue – Finance Magnates Awardsmore
2018 - 2017
Best Crypto Solution Provider – Finance Magnates Awardsmore
Best Margin Sector Platform – Profit & Loss Readers' Choice Awardsmore
2016 - 2015
Best Trading & Execution Technology – HFM US Technology Awardsmore
Best FX Trading Venue (ECN/MTF) – WSL Awardsmore
Deloitte UK Technology Fast 50 – Deloitte more
Deloitte EMEA Technology Fast 500 – Deloittemore
Fastest Growing Tech Company in the UK – The Sunday Times Tech Track 100more
Recognised as a Tech City Future Fifty company – Tech City UK Future Fiftymore
2014 - 2013
Best Infrastructure/Technology Initiative – WSL Institutional Trading Awardsmore
Best Overall Testing Project – The European Software Testing Awardsmore
2012 - 2011
Best Trading System – Financial Sector Technology Awardsmore
Innovative Programming Framework – Oracle Duke's Choice Awardsmore
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).
Equinix Media Contact (Europe/U.K.)
Camille Pomey
Text 100
+44 (0) 208 846 0789
[email protected]
Equinix Media Contacts (U.S.):
Melissa Neumann
+1 (650) 598-6098
[email protected]
Liam Rose
GolinHarris for Equinix
+1 (415) 318-4380
[email protected]