LeapRate Exclusive Interview... The past year has seen its fair share of problems and scandals in both the retail and institutional arms of the FX market. The Swiss Franc spike. Last look abuse. Chat room collusion. Have we all learned something? Are things changing (for the better)? Do we feel more confident about our FX…
Read moreIn a rugby match that took place on Tuesday night, David Mercer, CEO of LMAX, broke the official Guinness World Record by playing the northernmost game ever attempted - at the North Pole
Read moreLMAX Exchange has issued a release stating that it is 'business as usual' following the extreme market volatility caused by the discontinuation of the CHF peg by the SNB. LMAX says that the only changes are temporary increased margins of 10% on EURCHF and USDCHF and 5% on other CHF crosses. CEO David Mercer commented: Thursday…
Read moreLMAX Exchange, the provider of an exchange-based currency trading platform, has been named number one as Britain’s fastest-growing private technology company by Fast Track, after its annual sales rose 307.8 per cent over the past three years to £18.37m last year. The firm ranked 15th last year when Fast Track’s list of the 100 fastest-growing…
Read moreTo drive LMAX's plans for global expansion, the newly created position will be based in North America
Read moreUnlike Bitcoin, Ven’s price depends on a basket of currencies, commodities and carbon futures UK’s FCA regulated LMAX Exchange has announced its introducing trading for an alternative digital currency named Ven starting today according to a blog post on the Wall Street Journal’s website. This virtual currency has been introduced all the way back in…
Read moreLMAX is seeing most of its own growth in Russia and the Far East According to LMAX Exchange’s CEO David Mercer global forex volumes are set to double by 2020 because of increasing growth in emerging markets FX. He outlined the important role of the Renminbi and the Russian Ruble which are both set to…
Read moreLMAX also set to launch an institutional trading venue with 'no last look', aimed at high frequency traders. In a recent interview with LMAX CEO David Mercer posted on the LMAX website, LMAX reported some very interesting developments in its business. On the volume side of things -- the lifeblood of any forex broker, retail…
Read moreLMAX CEO David Mercer: "We need to be in New York in the next 12 to 18 months." UK-based institutional FX broker LMAX, which dubs itself a 'multi-lateral trading facility for foreign exchange', in indicating its intention to open a US operation by the end of 2014. In a posting on its website, LMAX CEO David…
Read more