Digital assets, crypto and blockchain are here to stay: LMAX Exchange CEO David Mercer speaks LeapRate

April 15, 2019 BY Valentina Kirilova

Digital assets, crypto and blockchain are here to stay: LMAX Exchange CEO David Mercer speaks

LeapRate Exclusive Interview… LMAX Exchange Group’s 2018 financials report has gone out last month, releasing excellent growth and record financial performance for the year ended 31st December 2018. It has been almost two years since our last interview with David Mercer, CEO of LMAX Exchange. What has changed in the company since then, what are…

February 01, 2019 BY Valentina Kirilova

LMAX Exchange adds Shang Lin and Jason Huang to Asia Pacific business

LMAX Exchange Group has announced that it has added two industry veterans to its Asia Pacific business as part of its expansion plans in the region. Jason Huang, who has over 18 years’ experience in the FX industry, has joined as Head of Sales for Asia Pacific, based in the LMAX Exchange Hong Kong office. Prior to…

July 26, 2018 BY LeapRate Staff

LMAX Exchange takes aim at two Guinness World Records with Everest Rugby Challenge

Leading FX institutional exchange LMAX Exchange has announced the launch of the LMAX Exchange Everest Rugby Challenge, hosted in partnership with Wooden Spoon, the UK’s leading children’s rugby charity. Taking place in April 2019, this event marks the first-ever attempt to set two Guinness World Records for the highest altitude rugby matches on Mount Everest. The…

June 24, 2018 BY LeapRate Staff

FX Industry Week Review: Forex broker licenses, Crypto exchange gets 500K signups, Executive moves, and lots more

Topping this week's Forex Industry News headlines... Who is LMAX Exchange's new Global Head of Institutional Sales? Which senior IG executive jumped to Stater Global Markets? Where did each of RoboMarkets and CFI open new offices following regulatory approvals? Answers to these questions and more appeared first or only at LeapRate. Some of our most viewed…

June 22, 2018 BY LeapRate Staff

LMAX Exchange hires Commerzbank executive Roland White to head global institutional sales

Leading FX institutional exchange LMAX Exchange has announced that it has hired FX industry veteran Roland White to the newly created position of Global Head of Institutional Sales. Mr. White will report directly to David Mercer, CEO of LMAX Exchange. Roland White will formally join LMAX Exchange on July 30, 2018. He comes to his new…

May 21, 2018 BY LeapRate Staff

LMAX Digital launches as the first institutional crypto currency exchange

LMAX Exchange Group, which operates a leading FCA regulated trading venue and has become one of the leading liquidity providers to FX brokers worldwide, has announced the launch of the first physical crypto currency exchange dedicated to serving only institutional clients. David Mercer, CEO of LMAX Exchange said: We are furthering the legitimisation of the…

May 08, 2018 BY LeapRate Staff

LMAX Exchange's strong 2017: Revenues £30.5M (up 10%), EBITDA £8.8M (up 58%)

Institutional FX exchange and liquidity provider LMAX Exchange has announced its results for 2017, indicating continued and healthy top and bottom line growth for the company. Although it was not formally announced by the company, we understand that the company's top line Revenues grew by just over 10% in 2017, coming in at £30.5 million (USD…

February 04, 2018 BY LeapRate Staff

FX Industry Week Review: LMAX-Betfair buyout, Jordan forex licenses, KVB raises HK$200M, and lots more…

In Forex Industry News this past week… How much did LMAX management pay Paddy Power Betfair PLC (LON:PPB) to buy out the latter's 31% stake in LMAX. And, where did they get the money from? Which FX brokers were awarded financial services licenses in Jordan? Which investors put HK$200 million into Hong Kong based Retail FX…

February 01, 2018 BY LeapRate Staff

LMAX Exchange buys out Paddy Power Betfair stake for £21.9M with Silicon Valley Bank funding

Institutional FX exchange provider LMAX Exchange Group has announced that it has completed an equity purchase of Paddy Power Betfair plc’s remaining stake in the business. The 31.35% stake (or 187,811 shares) was bought from Paddy Power Betfair for £21.945 million, valuing LMAX Exchange at £70 million. The buyback brings 95% of the company under the control…

January 11, 2018 BY LeapRate Staff

LMAX Exchange hires Standard Chartered exec Quentin Miller as Head of Institutional FX APAC

As it moves to continue to grow its business and market share in the Far East, institutional FX broker and liquidity provider LMAX Exchange Group has announced the appointment of Quentin Miller (pictured above) to the newly created position of Head of Institutional FX for Asia Pacific. Quentin Miller will be based in Singapore. He will…

Tag: LMAX Exchange