LMAX Exchange Grows APAC Presence

Launch of LMAX Hong Kong Limited as an SFC licensed broker for leveraged foreign exchange trading.

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LMAX Exchange launches in Hong Kong.

Licensed by the Securities and Futures Commissions (SFC), LMAX will provide its clients with a transparent trading environment and consistent exchange quality execution in over 60 FX pairs.

"The establishment of LMAX Hong Kong as an SFC licensed broker significantly contributes to the firm's growing presence in Asia Pacific," says Scott Moffat, COO of LMAX Exchange. "The recent addition of a new matching engine in Tokyo (TY3) means we can offer the same low-latency execution of under 4 milliseconds to our clients in Asia Pacific, that our clients currently enjoy in London's LD4."

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Where have all the exchange platform providers gone?

The IMD Wrap: Running an exchange is a profitable business. The margins on market data sales alone can be staggering. And since every exchange needs a reliable and efficient exchange technology stack, Max asks why more vendors aren’t diving into this space.

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