London, 11 January 2016 - In the tightest, most thrilling battle yet of the Clipper 2015-16 Round the World Yacht Race, LMAX Exchange claimed an incredibly narrow victory of just 42 seconds over GREAT Britain in the Henri Lloyd Hobart to Whitsundays Race.
Crossing the finish line at Airlie Beach’s Pioneer Bay at 11:37 (GMT) on Saturday 9th January, LMAX Exchange Skipper Olivier Cardin summed up the intensity of the race as he stepped ashore: “It was more than hard. Since the beginning, we had the battle with GREAT Britain for the Scoring Gate, then fighting against the current and dealing with heavy weather. Then we sailed into a wind hole and all the fleet were catching up and we were with GREAT Britain and Garmin. Then it has been just us and GREAT Britain in the last two and half days. The finish was just crazy.
"In fact, as we approached the finish we had a one nautical mile lead, it looked quite easy because we were going at the same speed, but then as we passed the first island and night fall came, there were wind holes everywhere. It was really, really difficult. They won back some distance and nearly overtook us. We managed to keep the lead but it was difficult.”
David Mercer, CEO of LMAX Exchange commented: “Many congratulations to the team on another fabulous race. It was wonderful to see some proper match racing in the final days with GREAT Britain - Olivier and the crew must be exhausted but exhilarated by the experience. Hopefully, after a few hectic weeks they can now enjoy some relaxation in Whitsundays prior to the start of the next leg to Da Nang.
“Having been a small part of the Sydney to Hobart race I now truly understand what the crew goes through on each leg and they have my total admiration. I am very envious but even more proud of what they have achieved.”
David Mercer joined the LMAX Exchange team for the iconic Rolex Sydney Hobart Race of Leg 4, marking the end of an adventurous 2015 for the CEO after he trekked to the North Pole earlier in the year to set a Guinness World Record for the northernmost game of rugby ever played and raise funds for children’s charity, Wooden Spoon.
The Clipper 2015-16 Round the World Yacht Race started on 30 August 2015 at St Katharine Docks, London and will return eleven months later on 30 July 2016. The event’s global race track visits 14 markets on six continents and is recognised as one of the hardest endurance challenges in the world.
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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.