UK’s leading Fintech company driving global transformation in FX market
London, 7 September 2015 – LMAX Exchange has been ranked the UK’s sixth fastest growing technology company in the 2015 Sunday Times Tech Track 100 league table, marking the third consecutive year (#1 in 2014 and #15 in 2013) the company has featured in the prestigious list based on annual sales growth over the last three years.
The announcement continues to validate the traction LMAX Exchange has achieved in the FX market place and since launch with:
Over $4 trillion has been traded on LMAX Exchange to date
Offices located in the UK, US, Hong Kong, Singapore, Japan, New Zealand
Global client base 90+ countries
First full year of profitability achieved in 2014
This growth comes at a time when the FX trading market is coming under increasing scrutiny, with regulators and market participants calling for greater fairness and transparency. The recent Fair and Effective Markets Review report from UK regulators has put the UK at the heart of this international debate.
Since launch in 2010, LMAX Exchange has been leading this phase of market transformation, delivering technology that disrupts legacy practices in a way that is profitable and transparent for all market participants.
David Mercer, CEO of LMAX Exchange, commented on the accolade, “LMAX Exchange has consolidated its leading position in Britain’s fintech sector, pushing standards for global transparency at a time when the FX market has needed it most.”
“Inclusion in the Sunday Times Tech Track 100 is recognition of both the company’s success and the appetite for technology innovation that creates a more transparent, fairer and level playing field within the industry.”
“LMAX Exchange is Britain’s greatest fintech success story. What we have created is not just a company that is profitable and rapidly growing, but a blueprint for global transparency that is driving long term disruption in the largest asset class 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).