Liquidity provider profile
LMAX Exchange
LMAX Exchange, part of LMAX Group, operates institutional FX exchanges including an FCA-regulated MTF and a MAS-regulated RMO. Institutions trade on a central limit order book with streaming, firm limit order liquidity from banks and non-banks.
Overview
LMAX Exchange runs independent matching engines in London (LD4), New York (NY4), Tokyo (TY3) and Singapore (SG1), with strict price/time priority matching and no last look. Participants include funds, banks, proprietary trading firms, institutional brokers and asset managers, and trades are cleared bilaterally between members. Listed products include spot FX, FX NDFs and FX swaps, spot metals, and equity index contracts on the LMAX MTF. Access is via FIX 4.2/4.4 with ITCH market data and cross-connects at Equinix data centres. Credit intermediation is provided by BNP Paribas and HSBC.
Editorial summary based on provider information
Licences
| Regulator | Jurisdiction | Licence | Status | Checked | Register |
|---|---|---|---|---|---|
| FCA | GB | 509778 | Authorised | 25 Sept 2026 | Open register |
Asset classes
- Currency pairsOffered
- MetalsOffered
- IndicesOffered
Source: lmax.com · checked 25 Sept 2026
Connectivity
- FIX APIOffered
- Other integrations
- itch market data, equinix cross connect ld4 ny4 ty3 sg1, drop copy, bank algo aggregators
Source: lmax.com · checked 25 Sept 2026
Onboarding
- Accepted clients
- fund, Banks, Prop trading firms, institutional broker, Asset managers
Source: lmax.com · checked 25 Sept 2026
Sources
Each fact on this page links to the page it was read from, with the date it was checked.
- Editorial summary: lmax.com ↗
- Register entry: FCA: register.fca.org.uk ↗ · checked 25 Sept 2026
- Asset classes: lmax.com ↗ · checked 25 Sept 2026
- Connectivity: lmax.com ↗ · checked 25 Sept 2026
- Onboarding: lmax.com ↗ · checked 25 Sept 2026
Record updated 25 Sept 2026