LMAX

State of FX industry and some of its most transformative trends

May 1, 2013 in Business and Technology by LMAX Exchange

LMAX Exchange CEO, David Mercer talks exclusively with Profit & Loss Editor, Colin Lambert explaining the vision behind LMAX Exchange in the context of industry practices. David comments on the new level of transparency LMAX Exchange is bringing to the market through exchange style execution and no ‘last look’ as standard.

 

Please find the discussion highlights below and watch the video:

 
  • What’s your view on the demise of Last Look?
  • How easy is it to differentiate LMAX Exchange offering in a competitive space?
  • What does LMAX Exchange have that achieves this?
  • What is your view on where the industry will be in 2-3 years’ time?

 

The LMAX Exchange Team

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Daily FX Market Commentary

May 24, 2013 in Daily FX Market Commentary by harrisona

Good morning,
 
LMAX Close
USDJPY 102.016 | EURUSD 1.29334 | EURJPY 131.955 | AUDUSD 0.97484 | NZDUSD 0.81427 | USDCAD 1.03014 | EURCHF 1.25298 | USDCHF 0.96883 | GBPUSD 1.51076 | EURGBP 0.85614 |
 
Harry Hindsight


  • EUR: Euro’s struggled in the Asian session with the market dominated by JPY  and AUD flows, we moved from the 1.2860 levels to trade down to below 1.2830 into the grey hours before London opened with large volumes in the other currencies leaving the Euro struggling, once we moved into the London session the we saw some macro buyers from east Europeans buying strongly into the PMI numbers with mixed numbers from France and Germany before better numbers from the Eurozone in general, and we soon saw the market trading back towards 1.2900 for the move into NYK, Spanish auctions successfully sold €4B helped the market continually climb through the session to touch above 1.2950 before slowing and slipping back to just above 1.2930 into the close.

  • GBP: Cable opened around the 1.5050 moving steadily lower during Asia in line with the Euro declines before rallying slowly after the CNY PMI and the drop in USDJPY as the markets were buffeted by falls in



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High Performance Design Talk

May 15, 2013 in LMAX Exchange Staff Blogs by Nick Zeeb

Thanks to everyone who came to my talk last night and to Skills Matter and the LJC for organizing!

Video: http://skillsmatter.com/podcast/java-jee/high-performance-design

Code Examples: https://github.com/nickzeeb/LmaxTeachingCollections

Slides: https://docs.google.com/presentation/d/1Yxw-9ZFM_maRORk_qGkdt9vqKKQNLjDSSd9DIOtbrIE/pub?start=false&loop=false&delayms=3000#slide=id.gb9e7834b_05


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