It was announced today by LMAX Exchange, the FCA regulated Multilateral Trading Facility (MTF) for FX trading, that the exchange has started a partnership with FP Markets, the Australian online brokerage.
Scott Johnson, Institutional Relationship Manager at LMAX Exchange, commented: “We are delighted to partner with FP Markets, an established and experienced brokerage, whose skills and capabilities are well known in the Australian market. The partnership will greatly advance the FP Markets FX offering and provide a transparent and fair trading experience for their clients.”
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According to LMAX, access to its exchange liquidity and execution through the easy to use FP Markets’ platforms will ensure fair, transparent and efficient FX trading experience. “Access to LMAX Exchange is now available through FP Markets, delivering exchange quality execution, complete pre & post-trade transparency and total trading anonymity in over 60 FX pairs with average matching speeds of 4ms and no ‘last look’ as standard.”
First Prudential Markets, known as FP Markets, is a Sydney-based investment company offering over-the-counter (OTC) and exchange traded derivative products including direct market access (DMA), CFDs, Forex, shares and global futures contracts to both a retail and professional client base.
Matthew Murphie, Managing Director of FP Markets commented: “We are thrilled to have
teamed up with LMAX Exchange as their values of fairness and transparency match our own. This relationship has enabled us to offer one of the most competitive forex trading platforms available in today’s market.”