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LMAX Exchange wins Race 12 – the LegenDerry Finale

Clipper round the world, LMAX Exchange teamLondon, 7 July 2016 -Team LMAX Exchange has claimed its sixth victory of the Clipper 2015-16 Round the World Yacht Race by winning Race 12, the LegenDerry Finale.

After a tense battle with Derry-Londonderry-Doire, which saw both teams neck and neck for the last few days, LMAX Exchange established a 5NM lead in the closing stages to cross the finish line at the mouth of Lough Foyle, just off Greencastle, County Donegal at 1043 BST on the 6 July 2016.

LMAX Exchange Skipper Olivier Cardin said: "It was the last ocean crossing of the Clipper 2015-16 Race but it was actually rounding Rockall which made the game open by beating the wind and dealing with strong tide on the last part.

"The last 24 hours were decisive. We managed to take the lead last night in light winds and keep it rounding Rathlin Island. Crossing the finish line first was our goal. All the team was focused on that. It's a great result for LMAX Exchange!"

David Mercer, CEO of LMAX Exchange commented: “As a proud Ulsterman I'd like to join the city of Derry in welcoming all these inspiring sailors to our beautiful country.

Obviously I couldn't be more proud that we won such an exciting race with the host city. Derry were at the top of their game as proven with a resounding victory in the Ocean Sprint. Congratulations to them and all the teams on creating a fitting race to a fantastic port in the best country in the world. No bias there!”

Currently, Team LMAX Exchange leads the overall race standings following an impressive nine podium finishes, including six 1st place victories out of the twelve races so far. Since Race Start in London last August, the teams have raced to Rio de Janeiro, Cape Town, Sydney, Hobart, the Whitsundays, Da Nang – Vietnam, Qingdao- China, Seattle, Panama and New York.

Race 12 saw the Clipper Race fleet head back across the Atlantic Ocean from New York to Derry-Londonderry, Northern Ireland. After a few days of rest the fleet will then race to Holland before the embarking on the final stage to London’s St Katharine Docks, with a triumphant Thames River parade set to take place on Saturday 30 July 2016.


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Media Contacts

For further information, please contact:

LMAX Exchange:
Sunny Singh T: 44 (0) 20 3192 2562 E: press@lmax.com

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

2015 Recognised as a Tech City Future Fifty company – Tech City UK Future Fiftymore

LMAX Exchange is part of the Future Fifty programme, focused on accelerating the success of high-growth tech businesses. 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

2013 Best Execution Venue – Forex Magnates Awards more

LMAX Exchange has been awarded the Forex Magnates Awards “Best Execution Venue”. The awards are granted to the top firms in their categories and announced at the annual London summit. 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

The European Software Testing Awards (TESTA) recognise excellence and innovation in the software testing and quality assurance across a variety of industries. close

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

2011 Innovative Programming Framework – Oracle Duke's Choice Awards more

Oracle’s Duke's Choice Awards celebrate extreme innovation in the world of Java technology and are granted to the most innovative projects using the Java platform. close

LMAX Limited operates a multilateral trading facility (MTF). Authorised and regulated by the Financial Conduct Authority, FCA Registered no. 509778.