LMAX Exchange wins P&L ‘Best Margin Sector Platform’ for the fourth year running
London, 27 May 2016 – LMAX Exchange, the leading FCA regulated MTF for global FX and one of the UK’s fastest growing technology firms, has been named ‘Best Margin Sector Platform’ for the fourth year running at the 2016 Profit & Loss Readers’ Choice Awards in New York.
The Profit & Loss Readers’ Choice Awards, which are based on reader votes, recognise excellence within the FX industry throughout the previous year.
David Mercer, CEO of LMAX Exchange commented: “We are delighted to have been named the ‘Best Margin Sector Platform’ at the Profit & Loss Readers’ Choice Awards 2016 for the fourth year running.”
“In a year of significant business growth, this award is further evidence that the uniquely transparent, neutral and fair trading experience and the robustness and scalability of our technology delivers precise, consistent order execution and true cost of trade to all participants – regardless of status, size or activity levels”
“Being awarded in this category for an unprecedented fourth year in a row is a great achievement and confirms that LMAX Exchange is rapidly becoming a benchmark for global FX.”
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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).