LMAX Digital, a regulated institutional crypto currency exchange and part of the LMAX Exchange Group, has announced it reached record trading volumes during the month of May. A record $5 billion was traded on LMAX Digital in the month, with a record high of over $400 million in daily spot volumes achieved on 12 May…
Read moreFCA regulated FX asset manager and brokerage Darwinex has announced that it has made cryptocurrency CFDs available for trading on both the MT4 and MT5 trading platforms, with liquidity provided via LMAX Global. Leverage for crypto CFD trading at Darwinex will be limited to 1:1, versus ESMA's incoming limitation of 1:2. After adding support for MT5…
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FX liquidity and prime brokerage services provider IS Prime has announced that it has hired Shuyi Yang to its Hong Kong office. Ms. Yang has been appointed Vice President Sales, North Asia for IS Prime Hong Kong, part of the ISAM Capital Markets group. She will report directly to Will Robbins, Head of Asia. The…
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This past week of Forex Industry News seemed to have it all - regulatory changes, executive moves, social trading launches, lots of broker results, and a whole lot more. And as usual, only LeapRate brought you the key stories - the launch of social trading site Crowd Trading, Ayondo raising money, GKFX's former CEO landing at…
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LeapRate Exclusive Interview... The issue of transparency and fairness in the FX markets has been a hot one of late, with many institutional and retail players making changes in the way they trade and hedge (and with whom they trade and hedge) as a result. We are pleased to speak today on these topics and…
Read moreLMAX management however does expect a multi-million-pound profit for 2016
Read moreIt is always exciting when a member of the electronic Forex trading world is recognized outside of FX for positive achievements. FCA regulated multi-asset exchange (MTF) LMAX Exchange has announced that it has been selected to this year's The Leap 100 list of the most exciting, fast-growing companies in the UK. The Leap 100 is organized by…
Read moreThe Protrader Multi-Connect (PTMC) trading platform has become available through LMAX Exchange. Deep integration with LMAX Exchange makes it possible to use advanced panels of PTMC, including Market Depth, Matrix, etc. Also, LMAX Exchange execution algorithms allow making trades at guaranteed best prices and with low latency. The PTMC application can be used to trade…
Read moreLeapRate 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 addition to a net profit of £500,000, LMAX Exchange achieved $1.9 trillion in annual trading volumes, and gross revenues of £26.2 million, up 45%, while gross profits stood at £16.5 million, up 80% over 2013's results
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