LMAX Exchange

LMAX Exchange (London Multi Asset Exchange) is the first MTF for FX, regulated by the Financial Conduct Authority. LMAX Exchange operates multiple execution venues: LMAX Professional, LMAX Institutional and LMAX InterBank.

The award-winning LMAX Exchange is the first MTF for FX authorised and regulated by the FCA. Servicing brokers, funds, corporates, asset managers and banks, LMAX Exchange delivers a unique vision for global FX trading - a transparent, neutral, level playing field for all market participants, regardless of status, size or activity levels. 

The LMAX Exchange OPEN order book is driven by streaming, non ‘last look’ limit orders supplied by General Member liquidity providers. LMAX Exchange offers markets in over 65 FX pairs, spot Gold and Silver, with complete pre and post-trade transparency and order execution where no ‘last look’ is standard. Orders are executed in strict price/time priority at an average speed of 4ms. 


Awards 

#1 Fastest Growing Tech Company in the UK – 2014 Sunday Times Tech Track 100 
2015 Best Margin Sector Platform – Profit & Loss Readers' Choice Awards 
2015 Best FX Trading Venue – ECN/MTF – WSL Institutional Trading Awards 
2014 Best Margin Sector Platform – Profit & Loss Readers' Choice Awards 
2014 Best FX Trading Venue – ECN/MTF – WSL Institutional Trading Awards 
2014 Best Infrastructure/Technology Initiative – WSL Institutional Trading Awards 
2013 #15 Fastest Growing Tech Company in the UK – Sunday Times Tech Track 100 
2013 Best Overall Testing Project – The European Software Testing Awards 
2013 Best Margin Sector Platform – Profit & Loss Readers' Choice Awards 
2013 Best FX Trading Venue – ECN/MTF – WSL Institutional Trading Awards 
2013 Best Execution Venue – Forex Magnates Awards 
2011 Best Trading System – Financial Sector Technology Awards 
2011 Innovative Programming Framework – Oracle Duke's Choice Awards

Company Growth (employees)
Type
Private
HQ
London, GB
Founded
2007
Size (employees)
118 (est)
Website
lmax.com
LMAX Exchange was founded in 2007 and is headquartered in London, GB

Key People/Management at LMAX Exchange

David Mercer

David Mercer

CEO
Scott Moffat

Scott Moffat

Chief Operating Officer
Barbara Pozdorovkina

Barbara Pozdorovkina

Head of Corporate Development & Marketing
Patrick Bartle

Patrick Bartle

Global Head of FX Strategy
Karen Gibson

Karen Gibson

Head of HR

LMAX Exchange Office Locations

LMAX Exchange has an office in London
London, GB (HQ)
Yellow Building, 1A Nicholas Road

LMAX Exchange Financials and Metrics

Summary Metrics

Founding Date

2007

LMAX Exchange Financials

LMAX Exchange's revenue was reported to be £27.7 m in FY, 2016 which is a 20% increase from the previous period.
GBP

Revenue (FY, 2016)

27.7 m

Revenue growth (FY, 2015 - FY, 2016), %

20%

Gross profit (FY, 2016)

20.8 m

Gross profit margin (FY, 2016), %

75%

Net income (FY, 2016)

2.2 m

EBITDA (FY, 2016)

5.2 m

EBIT (FY, 2016)

1.6 m

Cash (31-Dec-2016)

30.3 m
GBPFY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

494 k315 k271 k1.2 m18.1 m26.2 m23 m27.7 m

Revenue growth, %

44%(12%)20%

Cost of goods sold

14 k12 k122 k566 k8.9 m9.6 m7.4 m6.9 m

Gross profit

480 k303 k149 k609 k9.2 m16.5 m15.6 m20.8 m
GBPFY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(6.3 m)(8.7 m)(10.5 m)(12.5 m)(3.9 m)1.6 m(1.4 m)2.2 m

Cash From Operating Activities

(7.3 m)2.4 m13.8 m5.4 m19.8 m

Cash From Financing Activities

15.3 m(5.1 m)2.6 m(74 k)(50 k)

Net Change in Cash

7.8 m(3.1 m)10.9 m507 k16.8 m
    GBPY, 2016

    Revenue/Employee

    257.5 k

    Financial Leverage

    4.4 x
    Show all financial metrics

    LMAX Exchange's Web-traffic and Trends

    LMAX Exchange Online and Social Media Presence

    LMAX Exchange Company Life and Culture

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