LMAX Exchange Widens Liquidity Distribution Via Seabury FXone Platform
- The deal is the latest effort to expand access to LMAX Exchange liquidity.
LMAX Exchange, a London-based and FCA regulated multilateral trading facility (MTF), announced today that the company has entered into a partnership with Seabury FXone, a foreign exchange 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 management solutions provider, to deploy its liquidity and execution capability.
The combined effort will leverage FXone’s global distribution footprint and LMAX’s price aggregation and matching capabilities to expand the companies’ institutional client base while continuing to service the retail brokerage, mid-sized institutions and active professional traders.
The deal is the latest effort to expand access of liquidity venues and forex traders from different segments to LMAX Exchange's liquidity. In addition to spot FX, LMAX Exchange portfolio also covers several segments including precious metals, commodities and equity indices.
Under the agreement, users of FXone’s software applications GUI and OMS will obtain access to LMAX Exchange streaming limit order liquidity and benefit from transparent quality execution. LMAX offers exchange style execution for OTC-traded FX products, such as spot FX, which ensures greater transparency and improves price discovery.
FXone is an institutional algo Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term with a full featured GUI for custom automated trading. The platform also provides a server side EMS for low latency FIX based trading and a price database for capturing and archiving tick data.
Jeremy Barnes, Global Head of Liquidity at LMAX Exchange, commented: “We are happy to partner with FXone and offer a premium trading experience to clients seeking innovative trading tools and access to a central limit order book with no ‘last look’ liquidity driven from top tier financial institutions.”
Robert Rydzewski, Principal Systems Engineer at Seabury FXone, added: “By completing integration with LMAX Exchange, FXone is able to offer its customers a leading solution which will meet the most demanding execution requirements of modern high performance trading.”
LMAX Exchange, a London-based and FCA regulated multilateral trading facility (MTF), announced today that the company has entered into a partnership with Seabury FXone, a foreign exchange 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 management solutions provider, to deploy its liquidity and execution capability.
The combined effort will leverage FXone’s global distribution footprint and LMAX’s price aggregation and matching capabilities to expand the companies’ institutional client base while continuing to service the retail brokerage, mid-sized institutions and active professional traders.
The deal is the latest effort to expand access of liquidity venues and forex traders from different segments to LMAX Exchange's liquidity. In addition to spot FX, LMAX Exchange portfolio also covers several segments including precious metals, commodities and equity indices.
Under the agreement, users of FXone’s software applications GUI and OMS will obtain access to LMAX Exchange streaming limit order liquidity and benefit from transparent quality execution. LMAX offers exchange style execution for OTC-traded FX products, such as spot FX, which ensures greater transparency and improves price discovery.
FXone is an institutional algo Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term with a full featured GUI for custom automated trading. The platform also provides a server side EMS for low latency FIX based trading and a price database for capturing and archiving tick data.
Jeremy Barnes, Global Head of Liquidity at LMAX Exchange, commented: “We are happy to partner with FXone and offer a premium trading experience to clients seeking innovative trading tools and access to a central limit order book with no ‘last look’ liquidity driven from top tier financial institutions.”
Robert Rydzewski, Principal Systems Engineer at Seabury FXone, added: “By completing integration with LMAX Exchange, FXone is able to offer its customers a leading solution which will meet the most demanding execution requirements of modern high performance trading.”