LMAX Exchange widens distribution of its TY3 liquidity by adding access via PrimeXM
London UK, 29 April 2015 – LMAX Exchange, the FCA regulated MTF for global FX and the UK’s fastest growing technology firm, announced that it will widen the distribution of liquidity from its Tokyo-based matching engine via PrimeXM.
The announcement comes after PrimeXM has completed the setup of an institutional grade hosting infrastructure in TY3, with XCore execution engine and MT4 servers co-located and cross-connected to LMAX Exchange liquidity.
Through the use of PrimeXM’s hosting framework, clients are able to access the unique no ‘Last Look’ liquidity from LMAX Exchange at ultra-low latency and benefit from robust, reliable and consistent execution, whether connecting via FIX or MT4, as a white label solution or through their own MT4 server.
This is the latest step in expanding client access to LMAX Exchange liquidity into new regions and trading segments.
Richard Bartlett, Head of Global Sales at PrimeXM, said: “This partnership demonstrates both firms’ on-going commitment to extending our market leading services throughout the globe. Any operation that has a presence in the Asia Pacific region can now take advantage of this unique relationship, by connecting to LMAX Exchange liquidity in TY3 at sub-millisecond speeds via the use of PrimeXM’s world renowned bridging and XCore technology. We have worked very closely with LMAX Exchange on many successful projects over the last few years, and as both firms share the same passion for being leaders in our respective fields, it made perfect sense to bolster our relationship further by establishing this high quality offering in TY3. ”
Andreas Wigstrom, Head of International Development at LMAX Exchange, added: “Institutional traders in Asia Pacific are an important growth segment for us, and we are excited to offer them exchange quality execution and access to our streaming, firm limit order liquidity from top tier banks and financial institutions, via PrimeXM’s leading technology and dedicated infrastructure in TY3.”
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.
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 – Global Forex Awards B2B more
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
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
2014 - 2013
Best Infrastructure/Technology Initiative – WSL Institutional Trading Awardsmore
2012 - 2011
Best Trading System – Financial Sector Technology 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).