LMAX Exchange has brought in foreign exchange (FX) sales maven Chris Warburton as its newest institutional London-based sales executive.
Mr. Warburton joins LMAX after a seven-year stint at Citigroup, having worked most recently in FX sales for the Europe, Middle East and Africa (EMEA) region since 2008. In this role, he specialized in e-FX liquidity and prime brokerage sales for institutional clients, whilst covering APIs, algo trading, voice broking, FX options and other instruments.
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Prior stops include Saxo Bank, Henderson Row and HB Markets plc, dating back to 2005, with the majority of his work being focused on hedge funds and FX, according to information made public on his Linkedin account
Last month, LMAX Exchange made headlines after releasing its financial metrics for the previous fiscal year. The group revealed its first full year of profitability with reported annual net profits of $780,000 in 2014. Moreover, business activity was also stronger than ever, despite the all-time low volatility in the FX market for the first nine months of 2014.
LMAX Exchange is a London-based FCA-regulated multilateral trading facility for FX trading. The group provides a low latency, order-driven execution venue for a number of electronic trading venues, relegated to the FX market.