A unique vision for global FX - LMAX Exchange unique vision for global FX ... look’ and price...

A unique vision for global FX

MTF AUTHORISED & REGULATED BY THE FCA

LMAX Exchange,one of the UK’sfastest growing

technology firms

EMEA

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The leading MTF for FXauthorised & regulated by the FCA

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LMAX Exchange, the leading MTF for FX authorised and regulated by

the FCA, offers direct access to firm liquidity in a range of key products,

including spot FX, precious metals, commodities and equity indices -

with the benefit of exchange quality execution.

Based in London, UK, LMAX Exchange is a trading name of LMAX

Limited, which is authorised and regulated by the Financial Conduct

Authority in the UK as a Multilateral Trading Facility (“MTF”), as defined

in the EEA Markets in Financial Instruments Directive (“MiFID”).

LMAX Exchange,one of the UK’sfastest growing

technology firms

EMEA

The unique LMAX Exchange business model addresses fundamental

changes happening within the FX market and solves two key industry

problems:

The lack of transparency of the true cost of OTC traded FX

The lack of precise, consistent & reliable FX trade execution

LMAX Exchange delivers transparent cost of trade and neutral execution

to both buy-side and sell-side through an open order book, driven by

no ‘last look’ streaming, firm limit orders supplied by top tier banks and

proprietary market makers.

Delivering exchange quality executionThe ‘exchange’ model is an efficient and cost-effective way to trade very

liquid products, such as spot FX. In an industry currently driven by

regulatory reforms, LMAX Exchange offers a transparent, neutral, level

playing field to all participants in the FX market.

Real-time, full order book, market and trade dataAccess to real-time market data is critical for risk management and

best execution. With LMAX Exchange both market and trade data are

available via multiple connectivity options.

Flexible post-trade clearing arrangementsLMAX Exchange operates a market-standard bilateral bank to bank

clearing system. For clients without a prime broker relationship, we can

provide direct competitive margin facilities.

EMEA

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Institutional FX trading excellence

LMAX Exchange,one of the UK’sfastest growingtechnology firms

››

Price improvement as standard

Complete pre & post-trade transparency

Open order book with streaming, firm limit order liquidity

Global exchange infrastructure based in Equinix LD4, NY4 & TY3

Real-time, full order book, market and trade data

No ‘last look’ rejections

Strict price/time priority order matching

Unparalleled exchange quality execution

Total trading anonymity

Flexible clearing arrangements: existing prime broker relationship or via margin account

No ‘last look’ and price improvement as standard

LMAX Exchange delivers the unique benefits of exchange quality

execution, complete pre and post-trade transparency and a secure, level

playing field for all market participants.

For funds, banks, proprietary trading firms, brokerages, asset managers,

corporates and professional traders - our open order book, direct and

anonymous market access to live, streaming limit-orders with no ‘last

look’ and price improvement as standard, enables precise, consistent

trade execution and transparent cost of trade.

››››››››››

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Multiple, distinct FX trading advantages

LMAX Exchange enables participants to trade anonymously in an

environment where all have access to the same prices, liquidity and

execution quality regardless of status, size or activity levels.

The LMAX Exchange MTF structure

EMEA

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All participants are created equal

Bilateral clearing

via LMAXAggregatorSM

or Netlink

Relations governed by Public Rulebook

BankMember

BankMember

Bank Member

DMA ClientBroker

DMA ClientHedge Fund

DMA ClientBroker

DMA ClientFinancial

Institution

BankMarket Maker

Non BankMarket Maker

BankMarket Maker

Non BankMarket Maker

Bank Member

BankMember

Bank Member


The unique minimalist approach of LMAX Exchange to architecture and

technology related processes is a careful blend of in-house intellectual

property and the most up-to-date best practice and is recognised for

excellence and innovation:

2016 Best Trading & Execution technology - HFM US Technology Awards

2016/15/14/13 - Best FX Trading Venue - WSL Institutional Trading Awards

2016/15/14/13 - Best Margin Sector Platform - P&L Readers’ Choice Awards

2015 Winner - Deloitte UK Technology Fast 50

2015 Winner - Deloitte EMEA Technology Fast 500

2015/14/13 - The Sunday Times Tech Track 100

2014 Best Infrastructure/Technology - WSL Institutional Trading Awards

2013 Best Executing Venue - Forex Magnates Awards

2011 Best Trading System - Financial Sector Technology Awards

2011 Innovative Programming Framework - Oracle Duke's Choice Awards

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Award winning technology

EMEA

››››››››››

LMAX Exchange provides access to a broad range of key instruments.

EMEA

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LMAX Exchange instrument list

AUDCADAUDCHFAUDJPYAUDNZDAUDUSDCADCHFCADJPYCHFJPYEURAUDEURCADEURCHFEURCZKEURDKKEURGBPEURHKDEURHUFEURJPYEURMXNEURNOKEURNZDEURPLNEURRUB EURSEKEURSGD

EURTRYEURUSDEURZARGBPAUDGBPCADGBPCHFGBPCZKGBPDKKGBPHKDGBPHUFGBPJPYGBPMXNGBPNOKGBPNZDGBPPLNGBPSEKGBPSGDGBPTRYGBPUSDGBPZAR JPYZAR (TY3 only)

TRYZAR (TY3 only)

NOKSEKNZDCAD

NZDCHFNZDJPYNZDSGDNZDUSDUSDCADUSDCHFUSDCNHUSDCZKUSDDKKUSDHKDUSDHUFUSDILSUSDJPYUSDMXNUSDNOKUSDPLNUSDRUBUSDSEKUSDSGDUSDTRYUSDZARXAUAUDXAUEURXAUUSD

XAGAUDXAGUSDXPDUSDXPTUSDUK BrentUS CrudeUS Natural GasAustralia 200Europe 50France 40Germany 30Germany 30 (Mini)

Hong Kong 50Japan 225Spain 35UK 100US SPX 500US SPX 500 (Mini)

US Tech 100US Tech 100 (Mini)

Wall St. 30Wall St. 30 (Mini)

(Instrument list effective date: 08.09.16)


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Seamless FX industry integration

LMAX Exchange has established relationships with all the key industry

leading software providers ensuring pre-integrated access.

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For more information on LMAX Exchange, or to open an account, please

contact us on any of the methods below.

Institutional clients

Telephone:

+44 20 3192 2682

Email:

[email protected]

24-hour helpdesk

Telephone:

+44 20 3192 2555

Sun 22.00 - Fri 22.00 UK time

General enquiries

Telephone:

+44 20 3192 2500

Email:

[email protected]

Fax:

+44 20 3192 2572

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T: +44 20 3192 2555 | WWW.LMAX.COM | E: [email protected]

*

FX and CFDs are leveraged products that can result in losses exceeding your deposit. They are not suitable

for everyone so please ensure you fully understand the risks involved.

The information in this brochure is not directed at residents of the United States of America, Australia (we will

only deal with Australian clients who are “wholesale clients” as defined under the Corporations Act 2001), Canada

(although we may deal with Canadian residents who meet the “Permitted Client” criteria), Singapore or any other

jurisdiction where FX trading and/or CFD trading is restricted or prohibited by local laws or regulations.

*LMAX Limited operates a multilateral trading facility. LMAX Limited is authorised and regulated by the Financial

Conduct Authority (registration number 509778) and is a company registered in England and Wales (number

6505809). Our registered address is Yellow Building, 1A Nicholas Road, London, W11 4AN.


EMEA


MTF AUTHORISED & REGULATED BY THE FCA

A unique vision for global FX - LMAX Exchange unique vision for global FX ... look’ and price...

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