Team LMAX Exchange wins first leg of Round the World Race
London, 28 September 2015 – Team LMAX Exchange is the first to reach Rio de Janeiro to win the opening leg of the biennial Clipper Round the World Yacht Race. After twenty-six days, the team crossed the Atlantic and emerged out of the Doldrums Corridor to complete the nearly 6,000 mile leg in pole position, arriving into port at 18.17 (BST) on Friday 25th September. David Mercer, CEO of LMAX Exchange commented, “We are thrilled to see the LMAX Exchange team win the race to Rio. To win the opening leg is a great result and testament to the crew’s determination, resilience and preparation.
“At LMAX Exchange we know what it takes to overcome challenges and work together as a team. We value the ambition and competitive spirit required to lead in the Clipper Race, and I look forward to joining them in Rio de Janeiro to celebrate their early success.”
Skipper Olivier Cardin remarked, “I feel very good. We led the race for the past two weeks and I’m really proud of the team effort. I’m very confident in my crew who did a great job. “I know the teams behind are really competitive so we are certainly not taking this win for granted. We will take time together to study our plan for the next race as we will be pushed hard again, but for now it is time to celebrate a team victory that we will never forget as long as we live.”
The 2015-16 Clipper Round the World Yacht Race started on 30 August 2015 at St Katharine Docks, London and will return eleven months later on 30 July 2016. The event’s global race track visits 14 markets on six continents and is recognised as one of the hardest endurance challenges in the world.
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).