LMAX Group Appoints Andreas Wigstrom as Managing Director of LMAX Global
- Wigstrom joined LMAX Group in 2010 and has extensive experience in global financial markets.
LMAX Group, one of the well-known independent operators of institutional Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term venues for FX and cryptocurrency trading, announced today that it has appointed Andreas Wigstrom to the newly created role of Managing Director for LMAX Global.
According to an official press release shared with Finance Magnates, Wigstrom joined LMAX Group in 2010. The newly appointed Managing Director of LMAX Global has more than two decades of experience in global financial markets.
Andreas Wigstrom
In the last decade, Wigstrom played an important role in the growth of LMAX in EMEA and Japan. In terms of client onboarding and retention, Wigstrom delivered significant results during the mentioned period.
Commenting on the recent appointment, David Mercer, CEO of LMAX Group, said: “This appointment demonstrates the depth of talent we have within LMAX Group, alongside the capabilities our senior managers have in geographic and business-line leadership roles. This is a great strength of LMAX Group. Andreas is at the top of his game and a natural choice for this newly created role. I am confident that we have the right team in place to deliver the Group’s full capabilities to serve the evolving needs of our clients.”
LMAX Group has expanded its offerings substantially since the start of 2021. In June, LMAX Group joined Pyth Network to enter the growing DeFi market.
LMAX Global
LMAX Global is one of the leading regulated brokers for FX, commodities and metals. The Group’s regulated broker is currently offering access to deep institutional firm limit order Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term, tight spreads and transparent precise execution. Through the latest appointment of Wigstrom, the Group is planning to expand the sales and distribution of the LMAX Global offering worldwide.
“I am honored to have been given the opportunity to take on this new role at such a pivotal moment in the LMAX Group growth story. I truly believe that we have a unique product and value proposition and have a clear sense of how we can build on our track record of achieving growth and driving innovation,” Wigstrom commented.
LMAX Group, one of the well-known independent operators of institutional Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term venues for FX and cryptocurrency trading, announced today that it has appointed Andreas Wigstrom to the newly created role of Managing Director for LMAX Global.
According to an official press release shared with Finance Magnates, Wigstrom joined LMAX Group in 2010. The newly appointed Managing Director of LMAX Global has more than two decades of experience in global financial markets.
Andreas Wigstrom
In the last decade, Wigstrom played an important role in the growth of LMAX in EMEA and Japan. In terms of client onboarding and retention, Wigstrom delivered significant results during the mentioned period.
Commenting on the recent appointment, David Mercer, CEO of LMAX Group, said: “This appointment demonstrates the depth of talent we have within LMAX Group, alongside the capabilities our senior managers have in geographic and business-line leadership roles. This is a great strength of LMAX Group. Andreas is at the top of his game and a natural choice for this newly created role. I am confident that we have the right team in place to deliver the Group’s full capabilities to serve the evolving needs of our clients.”
LMAX Group has expanded its offerings substantially since the start of 2021. In June, LMAX Group joined Pyth Network to enter the growing DeFi market.
LMAX Global
LMAX Global is one of the leading regulated brokers for FX, commodities and metals. The Group’s regulated broker is currently offering access to deep institutional firm limit order Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term, tight spreads and transparent precise execution. Through the latest appointment of Wigstrom, the Group is planning to expand the sales and distribution of the LMAX Global offering worldwide.
“I am honored to have been given the opportunity to take on this new role at such a pivotal moment in the LMAX Group growth story. I truly believe that we have a unique product and value proposition and have a clear sense of how we can build on our track record of achieving growth and driving innovation,” Wigstrom commented.