LMAX Exchange wins 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.
For further information, please contact:
Sunny Singh T: 44 (0) 20 3192 2562 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.
Financial technology awards:
2017 Best FX Trading Venue - (ECN/MTF) – Fund Technology and WSL Awards more
2016 Best Trading & Execution Technology – HFM US Technology Awards more
2013 Best Overall Testing Project – The European Software Testing Awards more
2011 Best Trading System – Financial Sector Technology Awards more
FX industry awards:
2018, 2017, 2013 Best Execution Venue – Forex Magnates Awards more
2017, 2016, 2015, 2014, 2013 Best FX Trading Venue - (ECN/MTF) – WSL Awards more
2017, 2016, 2015, 2014, 2013 Best Margin Sector Platform – Profit & Loss Readers' Choice Awards more
2014 Best Infrastructure/Technology Initiative – WSL Institutional Trading Awardsmore
Business growth awards:
2016, 2015 Winner – Deloitte UK Technology Fast 50 more
2016, 2015 Winner – Deloitte EMEA Technology Fast 500 more
2015, 2014, 2013 Fastest Growing Tech Company in the UK – The Sunday Times Tech Track 100 more
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).