LMAX Group

OverviewSuggest Edit

LMAX Group is a global financial technology company and an independent operator of multiple institutional execution venues for FX and cryptocurrency trading. The Group’s portfolio includes LMAX Exchange (institutional FX exchange and FCA regulated MTF), LMAX Global (FCA and CySec regulated brokers) and LMAX Digital (GFSC regulated institutional spot cryptocurrency exchange). It services funds, banks, asset managers and retail brokerages. 

TypePrivate
Founded2010
HQLondon, GB
Websitelmax.com
Employee Ratings4.1

Latest Updates

Employees (est.) (Nov 2021)195(+2%)
Revenue (FY, 2018)£37.5 M
Cybersecurity ratingCMore
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Key People/Management at LMAX Group

David Mercer

David Mercer

CEO
Scott Moffat

Scott Moffat

Managing Director - AsiaPac
Campbell Millar

Campbell Millar

Chief Operating Officer
Roland White

Roland White

Global Head of Institutional Sales
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LMAX Group Office Locations

LMAX Group has an office in London
London, GB (HQ)
Yellow Building, 1A Nicholas Road
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LMAX Group Financials and Metrics

Summary Metrics

Founding Date

2010
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LMAX Group Revenue

LMAX Group's revenue was reported to be £37.54 m in FY, 2018 which is a 23% increase from the previous period.
GBP

Revenue (FY, 2018)

37.5m

Revenue growth (FY, 2017 - FY, 2018), %

23%

Gross profit (FY, 2018)

33.2m

Gross profit margin (FY, 2018), %

88.5%

Net income (FY, 2018)

7.2m

EBIT (FY, 2018)

9.6m

Cash (31-Dec-2018)

50.7m
GBPFY, 2018

Revenue

37.5m

Revenue growth, %

23%

Cost of goods sold

4.3m

Gross profit

33.2m
GBPFY, 2018

Cash

50.7m

Accounts Receivable

856.0k

Current Assets

104.5m

PP&E

2.3m
GBPFY, 2018

Depreciation and Amortization

3.7m

Inventories

(10.4m)

Accounts Payable

45.5m

Cash From Operating Activities

31.2m
GBPFY, 2018

Revenue/Employee

284.9k

Debt/Equity

6.6 x

Debt/Assets

0.2 x

Financial Leverage

39.2 x
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LMAX Group Acquisitions / Subsidiaries

Company NameDateDeal Size
LMAX Broker Limited
LMAX Bullion Limited
LMAX Digital Broker Limited
LMAX Digital Exchange Limited
LMAX Digital Group Limited
LMAX Hong Kong Limited
LMAX Japan Co. Limited
LMAX Limited
LMAX Markets Inc
LMAX New Zealand Limited
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LMAX Group Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

LMAX Group Online and Social Media Presence

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LMAX Group News and Updates

J.C. Flowers & Co to acquire 30% stake in LMAX Group to accelerate its future growth in FX and crypto currency markets

NEW YORK and LONDON, July 15, 2021 /PRNewswire/ -- LMAX Group (or "the Company"), the leading independent operator of institutional execution venues for FX and crypto currency trading, today announced that it has signed a definitive agreement to sell a 30% stake in the company to J.C....

LMAX Exchange Group receives in-principle Gibraltar crypto license

LMAX Digital, the institutional crypto currency exchange operated by LMAX Exchange Group, a leading...

LMAX Exchange Group expands receives Gibraltar crypto license

LMAX Digital, the institutional crypto currency exchange operated by LMAX Exchange Group, a leading...

LMAX Exchange kicks off cryptocurrency trading

The fintech firm LMAX Exchange Group announced today that it would be launching the first physical cryptocurrency exchange to serve institutional clients. LMAX Exchange, which is regulated by the Financial Conduct Authority (FCA), will offer the possibility of trading within the five most establi…

LMAX Group Blogs

When a 10% decline isn’t a big deal

The S&P 500 has plunged 10% over the past seven trading days and will be looking for some good news from the coronavirus front. The market has been most unsettled by the spread of the virus beyond China’s borders and all of this exposes another big problem for the global economy. Wrap-Up Call

Pins and Needles

Market panic has intensified into Thursday, with US equities extending the slide on coronavirus fallout. The US FDA has said the world is on the cusp of a pandemic, while President Trump has warned it may get fairly substantially worse. The market is pricing in 70 basis points of Fed rate cuts in 20…

Why the Fed needs to be very careful

Stocks are attempting to stabilize after another plunge, no thanks to more worry associated with fresh reports of coronavirus cases outside of China. Investors are a lot more concerned about the outlook for the global economy at a time when there just isn’t all that much left in the central bank pol…

Catalyst not to be confused with cause

Investors will be contending with this latest fallout in US equities and massive downturn in global sentiment. Dips have been bought at every turn over the past decade, but there is a growing worry that this may no longer be the case, with so little left in the tank as far as central bank accommodat…

Rebound or rotation?

US equities have attempted to rebound on Tuesday, looking for any good news in the aftermath of an ugly Monday selloff. There had been some optimism that helped to prop stocks a bit on news of a coronavirus vaccine being sent for human testing, but this was quickly overshadowed by fresh reports of n…

Will the recovery rally hold up?

Risk markets are trying to find stability after Monday’s dramatic fallout and it will be interesting to see how US equity futures respond into this minor recovery. The pattern over the past several years is for dips to be bought at every turn for fresh record highs, and so, if the rally stalls out, …
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LMAX Group Frequently Asked Questions

  • When was LMAX Group founded?

    LMAX Group was founded in 2010.

  • Who are LMAX Group key executives?

    LMAX Group's key executives are David Mercer, Scott Moffat and Campbell Millar.

  • How many employees does LMAX Group have?

    LMAX Group has 195 employees.

  • What is LMAX Group revenue?

    Latest LMAX Group annual revenue is £37.5 m.

  • What is LMAX Group revenue per employee?

    Latest LMAX Group revenue per employee is £192.5 k.

  • Who are LMAX Group competitors?

    Competitors of LMAX Group include Euronext, Cboe Global Markets and Nasdaq Nordic.

  • Where is LMAX Group headquarters?

    LMAX Group headquarters is located at Yellow Building, 1A Nicholas Road, London.

  • Where are LMAX Group offices?

    LMAX Group has an office in London.

  • How many offices does LMAX Group have?

    LMAX Group has 1 office.