LMAX Exchange

The award-winning LMAX Exchange is the first MTF for FX trading, regulated by the Financial Conduct Authority. Established to deliver the benefits of exchange quality execution to the traditional OTC traded market, LMAX Exchange offers complete pre and post-trade transparency, precise execution and a level playing field for all market participants.

The LMAX Exchange open order book is driven by streaming limit-orders from top-tier banks and proprietary market makers with all FX trades cleared through prime brokers.

Customers benefit from superior ultra-low latency trading and average trade execution speeds of 4ms in over 66 FX pairs, matched on a strict price/time priority basis with no ‘last look’ or rejections as standard.

LMAX Exchange offers multiple connectivity options: FIX 4.4, Java and .Net APIs, MT4/5 bridges

LMAX Exchange – multi award-winning MTF

LMAX Exchange has been recognised for excellence and innovation in both trading technologies and business, as well as the FX industry’s most prestigious awards:

Business growth awards:
2016, 2015 Winner – Deloitte UK Technology Fast 50
2015, 2014, 2013 Fastest Growing Tech Company in the UK – The Sunday Times Tech Track 100
2016, 2015 Winner – Deloitte EMEA Technology Fast 500
2015 Recognised as a Tech City Future Fifty company – Tech City UK Future Fifty

FX industry awards:
2016, 2015, 2014, 2013 Best FX Trading Venue – ECN/MTF – WSL Institutional Trading Awards
2016, 2015, 2014, 2013 Best Margin Sector Platform – Profit & Loss Readers’ Choice Awards
2014 Best Infrastructure/Technology Initiative – WSL Institutional Trading Awards
2013 Best Execution Venue – Forex Magnates Awards

Financial technology awards:
2016 Best Trading & Execution – HFM US Technology Awards
2013 Best Overall Testing Project – The European Software Testing Awards
2011 Best Trading System – Financial Sector Technology Awards
2011 Innovative Programming Framework – Oracle Duke’s Choice Awards

LMAX Exchange Brochure-081214-125x175

LMAX Exchange – The professional FX exchange*

*LMAX Limited operates a multilateral trading facility (MTF). Authorised and regulated by the Financial Conduct Authority, FCA Registered no. 509778.

LMAX Exchange MTF Schematic:
LMAX MTF Schematic

LMAX Exchange MTF Vs. ECN:
mtf v ecn