London, 14 December 2015 - Team LMAX Exchange has crossed the finish line in Sydney, taking line honours in Race 4: The Elliot Brown Timekeeper Cup of the Clipper Race. Following the victories achieved in the first and third races of the biennial event, the team navigated 2,088 nautical miles from Albany through the Southern Ocean to arrive into port at 08:01 (GMT) 12th December.
Claiming the maximum 17 points, Skipper Olivier Cardin remarked: “This was the best win yet. It was a complete race with everything from a tornado two miles away which was very impressive to big waves, upwind sailing close to the other teams and big surfing downwind doing more than 30 knots.
“We knew what we needed to do and were totally focused throughout. The team are to be congratulated for a great performance. The victory has been hard fought and is well earned.
“We are now going to prepare for the Rolex Sydney Hobart Yacht Race we are competing in with all the Clipper Race fleet. We prepared the boat well in Albany and didn’t have any damage so we will be doing the same again here to be ready.”
David Mercer, CEO of LMAX Exchange commented: “We feel incredibly lucky to be part of this fantastic team. I am looking forward to joining the boat in Sydney and experiencing the determination and resilience of the crew that has resulted in their success in the race so far.”
David Mercer is joining Team LMAX Exchange for the famous Sydney to Hobart race which starts on Boxing Day. It marks the end of an adventurous year for the CEO, after he trekked to the North Pole in April to set a Guinness World Record for the northernmost game of rugby ever played and raise funds for children’s charity, Wooden Spoon.
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.
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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
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
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
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
LMAX Limited operates a multilateral trading facility (MTF). Authorised and regulated by the Financial Conduct Authority, FCA Registered no. 509778.