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LMAX Exchange wins the Clipper 2015-16 Round the World Yacht Race

Clipper round the world, LMAX Exchange teamLondon, 30 July 2016 - Team LMAX Exchange have been crowned the overall winners of the Clipper 2015-16 Round the World Yacht Race. The amateur crew completed the epic eleven month, 40,000 mile journey around the globe and endured some of the most extreme conditions ever experienced in the event’s 20-year history.

David Mercer, CEO of LMAX Exchange, who joined the team for Race 6 of the 14-stage series, the Sydney Hobart Race, congratulated his team: “We are thrilled to be crowned the overall winners of the Clipper 2015-16 Race. I’d like to thank all [58] crew who contributed to this herculean effort with special mention to our [8] round the worlders – the glue that kept our team bond strong throughout. We were very fortunate to have a mercurial skipper in Olivier Cardin and I thank him wholeheartedly for his sailing brilliance.

“The Clipper Race really is an extraordinary event for ordinary people and I congratulate Sir Robin, William and their team for organising a magnificent tenth edition of this unique event. As a sponsor I can’t recommend this event enough as a way to build your brand around the globe and give your clients an experience that money can’t buy. As a race participant I’d tell everyone considering the 2017-18 race to just go for it; it is once in a lifetime and you will experience thrills and hardships that you can’t comprehend but will change you for the better forever.

“Well done to all the teams and crew for completing the circumnavigation. Each and every one of you is an inspiration to us all. Finally we remember Andy and Sarah; your team did you proud.”

With nine podium places and six race wins the LMAX Exchange team topped the leader board for most of the race series, however with only six points separating the top two boats in the final last race there was everything to play for, with twelve points up for grabs.

Olivier Cardin, Skipper of the LMAX Exchange team and the first French Skipper to win the Clipper Race said: “Going into Race 14, we had a six point advantage over Derry~Londonderry~Doire and a short 24 hour-long race to complete. The last stage of the Clipper Race 2015-16 Race was rather risky. On board, the tension was felt during the first few hours of racing. Smiles appeared over time and our happiness exploded as we crossed the line two places behind Derry~Londonderry~Doire.

“We completed the series with six overall race wins and 10 podiums. The result is fantastic, a fruit of labor from a very hungry team. We are all proud to have accomplished this great challenge. The next challenge will be getting used to life back on dry land again.”

The Clipper Race fleet returned to London’s St Katharine Dock on Saturday morning and were welcomed by thousands of spectators who lined the River Thames to catch a glimpse of the twelve Clipper Race teams, whose crew represent 44 different nationalities, in the toughest amateur sailing challenge on the planet.

“This race has been extremely tough,” said Clipper Race founder and yachting legend Sir Robin Knox-Johnston, the first person to sail solo non-stop around the world in 1968-69. “The conditions encountered in the Pacific were the worst we’ve seen in 20 years of running the race.

“I am proud of all of the crew; they have taken on all the world’s most challenging oceans and have been very resilient. They should be justly proud of themselves – whether crossing a single ocean or circumnavigating the entire planet. It is a remarkable achievement. The novices who set out eleven months ago have returned as seasoned sailors.”

The Clipper 2015-16 Race departed London on 30 August 2015 and visited 14 different ports in ten different countries during the race series. The route took teams from London to Rio de Janeiro, Cape Town, Albany (Western Australia), Sydney, Airlie Beach (the Whitsundays), Da Nang (Vietnam), Qingdao (China), Seattle, Panama, New York, Derry-Londonderry, and Den Helder (the Netherlands), and back to London.


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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.

Financial technology awards:

2017 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”. The award honours excellence among providers to the institutional trading industry. close

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

FX industry awards:

2017, 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 five consecutive years. These awards are voted on by the readers and recognise excellence within the foreign exchange industry throughout the previous year. close

2016, 2015, 2014, 2013 Best FX Trading Venue - (ECN/MTF) – WSL Awards more

LMAX Exchange has been awarded The WSL Awards “Best FX Trading Venue - ECN/MTF” for four consecutive years. The awards honour excellence among providers to the institutional trading industry. 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

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

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