FX Industry Week Review: LMAX splits in two, Plus500 record quarter, Managing Crypto risk, and lots more… LeapRate

January 07, 2018 BY LeapRate Staff

FX Industry Week Review: LMAX splits in two, Plus500 record quarter, Managing Crypto risk, and lots more…

In the first week for Forex Industry News of 2018... Why did institutional FX player LMAX split its operations into two separate FCA regulated companies? What drove Plus500 to (yet another!) record quarter in Q4? What problems are FX brokers having in managing risk and liquidity from clients increasingly trading cryptos? And, what can be…

January 03, 2018 BY LeapRate Staff

LMAX divides into two FCA regulated companies due to MiFID II: MTF and Broker

Institutional FX player LMAX Exchange Group has announced (see full text below) that it has divided the company's operations into two distinct, separate FCA regulated entities: LMAX Global, the operating name of newly formed LMAX Broker Limited, a broker offering other brokers and professional traders the ability to trade on the LMAX Exchange central limit…

November 12, 2017 BY LeapRate Staff

FX Industry Week Review: Leverate-MetaQuotes, Spotware-LeanWork, LMAX-Seabury, GAIN Capital's new COO, and lots more…

Forex Industry News this past week was dominated by a number of new partnerships and agreements. Former competitors cooperating. FX liquidity agreements. Expansion to China. This week had it all, and you read about it exclusively or first at LeapRate. Where did Gain Capital Holdings Inc (NYSE:GCAP) go for its new COO? How are former…

November 09, 2017 BY LeapRate Staff

LMAX Exchange liquidity made available through the Seabury FXone trading platform

LMAX Exchange, the FCA regulated multilateral trading facility (MTF) for FX trading, has announced that its global liquidity has been added to Seabury’s FXone trading platform. Professional traders using the FXone GUI interface will now have access to LMAX Exchange streaming firm limit order liquidity and benefit from transparent, precise, consistent exchange quality execution. Jeremy Barnes,…

August 15, 2017 BY Valentina Kirilova

LMAX Exchange moves COO Scott Moffat to Singapore to head Asia Pacific operations

LMAX Exchange, the FCA regulated MTF for FX, has announced the appointment of Scott Moffat as Managing Director for Asia Pacific, based in Singapore. Part of the LMAX Exchange founding team and former Chief Operating Officer, Scott Moffat will be instrumental in strengthening the company’s position in the region and building upon the existing presence,…

June 18, 2017 BY LeapRate Staff

Forex Industry Week Review: Betfred launches FX broker TradeFred, Israel Binary Options law, and lots more…

It was very much a week of new beginnings in Forex Industry News, with the key stories appearing exclusively at LeapRate: Betfred into getting the Retail FX business by launching TradeFred, FxPro launching spread betting, and Saxo Bank expanding its Australia footprint in a deal with leading online equities broker OpenMarkets. See below for more…

June 13, 2017 BY LeapRate Staff

LMAX Exchange expands US FX capabilities, adding Matt DellaRocca from Bloomberg Tradebook as Liquidity Manager

LMAX Exchange, the FCA regulated MTF for FX, has announced the appointment of Matt DellaRocca to the newly created position of Liquidity Manager for the Americas. Matt will be responsible for the real-time management, monitoring and analysis of all LMAX Exchange liquidity in the US. Matt DellaRocca joins LMAX Exchange from Bloomberg Tradebook, where he…

May 15, 2017 BY LeapRate Staff

LMAX Exchange white paper suggests new blueprint for TCA in the global FX market

LMAX Exchange, the FCA regulated MTF for global FX trading, has issued a white paper several months in the making. LMAX's report is a scathing review regarding the way the institutional global FX market works today, and offers ways to fix things. The LMAX Exchange white paper calls for industry-wide consultation and collaboration to agree consistent TCA…

May 11, 2017 BY LeapRate Staff

LMAX revenues up 20% in 2016 to £27.7 million, monthly volumes $175 billion

LMAX Limited, the parent company of FCA regulated multilateral trading facility (MTF) for FX trading LMAX Exchange, has reported its 2016 results indicating healthy continued growth in the business. LMAX reported revenues of £27.7 million (USD $36 million) for the year, up more than 20% over 2015's £23.0 million. LMAX reported a profit of £2.2 million…

April 19, 2017 BY Valentina Kirilova

Forex Sports Sponsorship: LMAX Exchange backs GB Wheelchair Rugby

LMAX Exchange, FCA regulated MTF for global FX trading, today announced its partnership with GB Wheelchair Rugby (GBWR). The partnership will assist with the funding of GBWR as the team prepares for the 2017 European Championships in Germany and the 2018 World Championships in Australia. LMAX Exchange is the first company to offer support to GBWR…

Tag: LMAX Exchange

FX Industry Week Review: LMAX splits in two, Plus500 record quarter, Managing Crypto risk, and lots more…

LMAX divides into two FCA regulated companies due to MiFID II: MTF and Broker

FX Industry Week Review: Leverate-MetaQuotes, Spotware-LeanWork, LMAX-Seabury, GAIN Capital's new COO, and lots more…

LMAX Exchange liquidity made available through the Seabury FXone trading platform

LMAX Exchange moves COO Scott Moffat to Singapore to head Asia Pacific operations

Forex Industry Week Review: Betfred launches FX broker TradeFred, Israel Binary Options law, and lots more…

LMAX Exchange expands US FX capabilities, adding Matt DellaRocca from Bloomberg Tradebook as Liquidity Manager

LMAX Exchange white paper suggests new blueprint for TCA in the global FX market

LMAX revenues up 20% in 2016 to £27.7 million, monthly volumes $175 billion

Forex Sports Sponsorship: LMAX Exchange backs GB Wheelchair Rugby

Swoosh Finance: ASIC Alleges Breach of Responsible Lending Obligations

Robinhood Appoints Christopher Payne to Board of Directors

UBS Financial Services Fined $500,000 by FINRA

iM Global Partner Announces Launch of iMGP Euro Select Fund

Broadridge Expands ClearFi Platform Through Collaboration with CCRI