Team LMAX Exchange wins race four of the Clipper Race to Sydney
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.
Notes to Editors
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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).