Tag: LMAX

LMAX Group
November 02, 2022 BY Steffy Bogdanova

LMAX gross profit reaches $106 million in 2021

Furthermore, LMAX reported that its gross revenue also jumped 80% YoY. The Group explained that it saw growth in “institutional market share in both traditional FX and crypto currency markets, despite volatility and downward pressure on volumes.” In 2021, LMAX Digital volumes reached more than $500 billion, according to the Group. David Mercer, CEO of…

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Lmax Digital
October 06, 2022 BY Steffy Bogdanova

LMAX Digital appoints Bryan Christian as Director of US Sales and Cassandra Cox as Director, Institutional Sales in Europe

Prior to LMAX Digitral, Christian has managed global sales teams at Cboe, NASDAQ and Bloomberg. Most recently, Coxy served as Managing Director of Institutional FX & Emerging Market Sales at Société Générale. Bryan Christian said: I joined LMAX Digital because it has a truly unique position in the marketplace. There is no other institutional exchange…

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LMAX Group partners with SIX
March 17, 2022 BY Steffy Bogdanova

LMAX Group partners with SIX to launch crypto futures

Javier Hernani, Head Securities Services, SIX, said: This is a major milestone for SIX from several perspectives. We are making substantial progress according to our digital asset clearing strategy and are expanding our portfolio of cleared asset classes. At the same time, we have the opportunity to bring our Swiss and Spanish infrastructure strengths together…

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Forex Weekly Look Back
July 16, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: X Open Hub’s Sylwester Jezierski discusses changes in the industry, FP Markets adds more than 500 share CFDs

With the emerging new requirements in the investment ecosystems, it is important for brokerages to keep up with the digital age. Software company Devexperts in cooperation with Turkish broker Global Securities released a number of updates for the BayGlobal trading platform. Users on BayGlobal can now listen to live broadcasts of Global’s financial analysts. Every…

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LMAX Group
July 15, 2021 BY Steffy Bogdanova

J.C. Flowers & Co buys 30% stake in LMAX Group

David Mercer, CEO, LMAX Group, commented: This is a significant milestone in the evolution of LMAX Group that vindicates our industry-leading business model and the role we have to play in the foreign exchange and crypto currency markets of the future. Not only have we identified a like-minded partner in J.C. Flowers who understands global…

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Forex Weekly Look Back
July 09, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: Finalto caught in a press release fight over acquisition, PrimeXM opens Singapore data centre

Macrobond, provider of global economic, aggregate financial and sector data for finance professionals, revealed that Stockholm-based Erik Penser Bank is using Macrobond to deliver critical data and modelling tools to interpret market events. Erik Penser Bank’s asset managers mine financial, corporate, sustainability and macroeconomic data to help from their allocation strategies and tailor solutions for…

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Forex Weekly Look Back
February 26, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: FXCubic names Richard Bartlett Head of Sales, Refinitiv launches Order Splitting on its trading platform

The European Securities and Markets Authority (ESMA) announced that its Board has appointed Annemie Rombouts as Chair of the Corporate Reporting Standing Committee (CRSC). According to the official press release, Rombouts was previously Deputy Chair of the Belgian Financial Services and Markets Authority. Her new appointment as chair of the CRSC is effective immediately. Moscow Exchange…

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LMAX Group
February 22, 2021 BY Steffy Bogdanova

LMAX Exchange names Christian Skovgaard Larsen Liquidity Manager

Before LMAX, Larsen worked at Sociate Generale for nine years. He joined the bank in 2009 as Director of Foreign Exchange Trader. Prior to this appointment, the was Vice President at Dresdner Kleinwort, the investment banking unit of German bank Dresdner. There he was responsible for market-making with G10 currencies. He also spent five years…

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