LMAX Exchange Announces Partnership with Z.com Trade, Augmenting Execution Capabilities

LMAX Exchange has partnered with GMO's Z.com Trade UK Ltd. in a bid to provide Z.com’s clients with exposure and

rp_lmax_logo2-300x300.pngLMAX Exchange has partnered with GMO’s Z.com Trade UK Ltd. in a bid to provide Z.com’s clients with exposure and access to its non last-look liquidity execution services and utility.

Last week, LMAX was one of the first firms to announce its fortified stance in the aftermath of the SNB fallout that convulsed the FX industry.

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In particular, this includes non last-look execution services with over 70 tradable instruments, including spot FX, precious metals, a multitude of indices and a number of commodities options.

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According to Nick Cropper, general manager at Z.com Trade in a recent statement on the partnership, “We are excited to announce our partnership with LMAX Exchange, and look forward to offering our clients a best-in-class trading experience that is both fair and transparent.”

“As a group member of the world’s largest retail FX provider, Z.com Trade is highly committed to innovation and excellence. Recognising the growing trend towards transparent, exchange style trading, we are happy to announce that access to LMAX Exchange will be available when we launch in early 2015, beginning with access via an API connection for experienced traders,” Cropper added.

“This partnership offers significant global growth opportunities for both firms. We are delighted to partner with the world’s leading FX brokerage, whose skills, capabilities and commitment to excellence are well known in the global FX market. The partnership will greatly advance the Z.com Trade offering and provide a transparent, fair, low latency trading experience for its clients,” noted Andreas Wigstrom, head of international development at LMAX Exchange in an accompanying statement.

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