LOverview
LMAX Group runs a global institutional exchange for FX and crypto trading. It serves banks, funds and proprietary trading firms, offering a high-performance trading platform designed for low latency and high throughput, with real-time market data and minimal slippage. Revenue comes from transaction fees, market data subscriptions and technology services. The company emphasizes a transparent and efficient trading environment backed by robust infrastructure to ensure reliability and stability in operations. Compared with competitors, LMAX Group targets institutional clients with a proven, real-time trading ecosystem and strong data/technology services, differentiating itself through its focus on reliability, transparency and performance. The goal is to provide a scalable, dependable platform that enables institutions to execute trades efficiently and access real-time market information.
Work here?Claim your company
About LMAX Group
Industries
Company Size
201-500
Company Stage
Growth Equity (Venture Capital)
Total Funding
$300M
Headquarters
London, United Kingdom
Founded
2007
Get referred to LMAX Group
See people who can refer or advise you
Simplify's take
What believers are saying
- H1 2026 volumes hit $5.3 trillion, up 23% from the prior record.
- September 29, 2026 Deltix integration expands perpetuals access for institutional clients.
- Monavate and cBridge integrations extend Omnia into payments and broker distribution.
What critics are saying
- Morgan Stanley and KBW review signals a 2026 exit process, not operating confidence.
- Ripple financing tied LMAX closer to stablecoin strategy and RLUSD execution risk.
- Coinbase, Circle, JPMorgan, and Ripple Prime all attack collateral and settlement plumbing.
What makes LMAX Group unique
- LMAX combines FX, crypto, and perpetual futures under one institutional venue.
- Kiosk, launched May 12, 2026, turns digital assets into cross-asset margin instantly.
- RLUSD integration and Ripple Prime deepen LMAX’s collateral and settlement stack.
Help us improve and share your feedback! Did you find this helpful?
Funding
Total Funding
$300M
Above
Industry Average
Funded Over
1 Rounds
Benefits
- Paid Vacation
- Performance Bonus
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- Wellness Program
- Professional Development Budget
- Training Programs
- 401(k) Retirement Plan
- Commuter Benefits
- Cycle to Work Scheme
Growth & Insights and Company News
6 month growth
2%1 year growth
1%2 year growth
3%LMAX benefits from diversification. LMAX Group, the cross-asset marketplace for FX and digital assets, has grown its perpetual futures offering this year and is working on initiatives to increase the utility of digital assets. In September this year LMAX reported record first half results. Total volume was an all-time high of $5.3 trillion, up 23% from the previous record and average daily surpassed the previous record by 26% at $41bn,. David Mercer, chief executive of LMAX Group, said in a statement: "These results demonstrate the strength of our proposition and growing institutional demand for a complete cross-asset marketplace spanning FX and digital assets. As markets evolve towards 24/7 trading, we are focused on leading this shift by combining the technology, liquidity and distribution institutions need to trade and move capital seamlessly across asset classes, around the clock." Jenna Wright, managing director, digital assets at LMAX Group, told Markets Media that the company benefits from not focusing just on crypto. She said: "We have built our suite of products and solutions for all seasons. Gold has done wonders for us, particularly in the first quarter." Since the last gold run about 18 months ago, LMAX spent time building liquidity pools for gold for different brokers and banks, and Wright said this all came together nicely at the end of last year. For brokers, between 70% and 90% of their flow has been gold, and LMAX has been trying to slowly educate them on perpetual futures, especially on the benefit of being able to trade over weekends. LMAX launched perpetual futures in September 2025, initially with bitcoin/USD and ether/USD pairs. In September this year LMAX had about five times the volume in perpetual futures as in spot crypto. Wright also argued that brokers could find that crypto venues will "eat their lunch" if they fail to offer perpetual futures. She highlighted that brokers cannot compete with retail crypto exchanges, especially as crypto derivatives cannot be offered to retail in the UK. However, brokers could still attract a substantial number of new clients without cannibalising their contracts for difference business. "I think we will launch another 10 real world asset perpetual futures," she added. "That will be a trigger because gold alone is probably not enough for brokers to really get their teeth into the product." For example, LMAX's new perpetual futures could include oil, other commodities and equity indices. "We are getting there," she said. "We have been doing a ton of integrations with 15 bridge providers and we are starting to see traction." For example, in September this year LMAX announced its integration with Deltix to enable clients, such as high-frequency trading firms, to access and trade perpetual futures through institutional-grade connectivity and trading infrastructure. Brandon McCoy, account manager at Deltix, said in a statement that extending connectivity to perpetuals enables institutional clients to access deep liquidity with low-latency execution and the risk management capabilities they require. Prime brokers Wright said some large clients who use Deltix may also want to use Ripple Prime, the prime broker owned by blockchain technology firm Ripple, which is integrated with LMAX. She said: "That is a great example of institutional attraction." Ripple Prime will be integrated into LMAX's perpetual futures before the end of this year. In another advance for a digital asset prime brokerage model, Standard Chartered became one of the first global systemically important banks (G-SIBs) to demonstrate a bank-grade digital asset intermediation model in July this year. The bank executed pilot transactions on LMAX Digital for spot bitcoin and ether with T+1 settlement. Standard Chartered Prime Brokerage acted as the credit intermediary between counterparties, integrating LMAX Group's execution and post trade environment with settlement completed through Standard Chartered's digital asset custody platform. Mercer said in a statement that the lack of credit counterparties with robust balance sheets has been a critical missing mechanism in the digital asset market. He added: "This demonstrates how bank-grade balance sheet strength and risk management can be combined with proven market infrastructure to enable scalable digital asset market access. This is a great example of the impending convergence of traditional finance and digital assets to a cross-asset capital markets future." There is another Tier One institution that will follow Standard Chartered's example and this will be a "game changer" for integrating digital assets into the wider ecosystem, according to Wright. She added: "Institutions can use their existing prime broker relationships and just integrate digital assets, which we see as key." Wright said every bank now has four or five desks with a digital asset initiative such as repo, custody, trading or issuing bonds onchain. In addition to enabling the trading of digital assets, LMAX has also launched initiatives to increase their utility. For example, LMAX is expanding stablecoin support for 24/7 trading and to post collateral. Wright highlighted that the fees for minting and redeeming stablecoins have "shot through the roof" so the group is investigating a market that will reduce these fees, possibly by offsetting stablecoin positions between participants. Kiosk, a wallet infrastructure that enables institutions to seamlessly accept, custody, allocate and deploy digital assets as cross-asset collateral was launched in May this year. The infrastructure allows clients to deposit digital assets directly into LMAX Custody and instantly use them as collateral across spot FX, precious metals, digital assets, CFDs and perpetual futures. "Hyper-efficient collateral will be the foundation of modern, converged capital markets," added Mercer. "Kiosk adds to our suite of products delivering greater access to trusted, institutional-grade solutions that bridge traditional and digital capital markets." Using the same tech stack as Kiosk, LMAX Group launched Omnia Exchange, an infrastructure layer enabling users to seamlessly convert any asset in real-time via a single API, anywhere, anytime in February this year. Wright described Omnia Exchange as a single API that covers all LMAX liquidity. Omnia can triangulate the price for any asset in the LMAX ecosystem, which is attractive to firms such as payments firms, card providers and telcos. For example, a user may want the price of bitcoin versus Mexican peso, which LMAX does not typically offer as a paired trade. The API can triangulate the price from LMAX's FX and bitcoin liquidity. "That is completely different from our day job of ultra-low latency trading, but it is opening up doors for us to think about how we enter the payments space,' Wright added. "There is quite a big opportunity because we have liquidity." In addition, LMAX is building products on top of the custodian that the Group launched in 2018 to support treasury functions and tokenisation of real world assets. And receive exclusive articles on securities markets The 2026 Global Markets Choice Awards are here! Nominations are officially OPEN for the celebration of excellence in global capital markets trading & technology. Nominate below: https://www.jotform.com/form/260086385121150 Verified account Delaware Life Insurance Company is becoming the first insurance carrier to offer an index that contains cryptocurrency, adding the BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index to its fixed index annuity (FIA) portfolio. As the digital assets industry pushes toward Franklin Templeton is expanding its tokenized fund suite, signaling growing institutional demand for blockchain-based fund infrastructure and regulated investment products moving onchain. Read the full article below: $50 billion in active ETF inflows helped fuel a record year for @BlackRock 's iShares business, as investors continue to lean into active strategies.
Market strategist says A massive XRP move is here. Here's why. October 14, 2026 Levi Rietveld, creator of Crypto Crusaders, told his audience to pay close attention to a development he believes could reshape XRP's trajectory. A major international bank has stepped onto the XRP Ledger. Standard Chartered launches RLUSD custody. Standard Chartered officially launched institutional custody services for Ripple's RLUSD stablecoin on the XRP Ledger on October 12. The bank operates through its Dubai International Financial Centre branch and supports XRP Ledger operations for qualified institutional clients. This gives major financial institutions a regulated, bank-grade entry point into the XRP ecosystem. Rietveld called it exactly what he had been waiting for. "A major bank just made a big move on the XRP ledger," he told his audience, "and this could be much larger than people think." The three-way partnership taking shape. The custody launch is part of a larger arrangement. Standard Chartered is now working with Ripple and LMAX Group to develop a collateral mirroring model. Under this model, institutions holding RLUSD at Standard Chartered would be able to use those holdings as trading collateral on LMAX Group's institutional venues. The underlying tokens stay in bank custody throughout. No transfer to the trading venue is required. LMAX Group added RLUSD to its list of trading instruments in 2025, and it processed $8.2 trillion in institutional exchange volumes that year. Ripple committed $150 million in financing to LMAX in January 2026. The addition of Standard Chartered's custody infrastructure connects the banking system directly to that trading environment through RLUSD. XRP Ledger deepens into institutional finance. Rietveld pointed to the XRP Ledger's growing role as the key development here. "We're talking about bringing the XRP ledger technology deeper into institutional finance," he said. Real-world utility for the ledger increases as more regulated institutions build on top of it. If institutional demand for ledger activity grows, it strengthens the demand for XRP, which serves as a bridge asset and a core part of the infrastructure. Standard Chartered's entry as a globally significant bank at the center of RLUSD's institutional adoption on the ledger XRP powers. Rietveld's price outlook. Rietveld is direct about where he thinks this leads for XRP's price. "Moves like this are what gives me a lot of confidence that in the next bull run, XRP is going to hit $10 or more," he said. He ties institutional infrastructure growth to long-term price appreciation. As banks, prime brokers, and institutional trading venues deepen their commitment to the XRP Ledger, the asset's utility case strengthens with each new participant. Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not represent Times Tabloid's opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
Finance Magnates Intelligence Forum brings trading Leaders Together in Cyprus. October 08, 2026, 09:12 GMT Industry leaders met in Limassol to discuss market data, trading volumes, AI, regulation, growth and competitiveness. The Forum gave us the opportunity to put our data and research in front of industry professionals and, just as importantly, hear how they see the market." - Ramzi Ahmad, Director of Intelligence at Finance Magnates LIMASSOL, CYPRUS, October 8, 2026 / EINPresswire.com / - Finance Magnates brought senior leaders from across the trading and financial services industry together for the first Finance Magnates Intelligence Forum, held on September 30, 2026, at the Amara Hotel in Limassol, Cyprus. The invite-only forum created a space for executives, data specialists and industry professionals to discuss how market intelligence, trading data and technology can support better business decisions. The event was opened by Neophytos Papageorgiou, CEO of Finance Magnates, who welcomed guests and introduced the vision behind Finance Magnates Intelligence. The opening session was followed by an Intelligence Brief led by Ramzi Ahmad, Director of Intelligence at Finance Magnates, examining the relationship between broker website traffic and actual trading volumes. The session looked at how different data points can provide a broader view of broker performance and market activity. The programme then moved into the way financial data is collected and verified. Demetris Koutsomichalis, Data Analyst at Finance Magnates, explained the data collection and verification process, including the importance of data quality, validation and context when using market information. The Forum also looked at the technology supporting financial data. Maciej Szeląg, CEE FinTech Lead at AWS, discussed the infrastructure behind financial data, the role of cloud technology and the importance of reliable data infrastructure as businesses adopt AI. The discussion continued with Philios Petrides, Data & Business Intelligence Consultant, who focused on how firms can use data to support growth and compliance. The session also examined the limits of internal business data and the value of combining information across areas such as sales, marketing, operations, compliance and finance. Executive Discussion on Regulation, Growth and Competitiveness A key part of the Forum was the executive discussion and Intelligence Leadership Circle roundtable, where participants shared their experiences and views on some of the main issues facing the trading industry. Topics included regulation, trading volumes, liquidity, data quality, AI, compliance, business intelligence, marketing performance, differentiation and competitiveness. The roundtable gave attendees the opportunity to discuss these topics openly, compare experiences and challenge some of the assumptions that are often made when looking at market data. AI was also a major part of the conversation, with participants discussing the role of data infrastructure, how AI can be used within financial businesses and where greater care is needed when dealing with sensitive financial and regulatory information. During the Forum, Finance Magnates Intelligence also presented FMIQ, an algorithm-driven quantitative system using Finance Magnates Intelligence data and hosted on AWS and Amazon Bedrock. Bringing Industry Leaders Together The first Finance Magnates Intelligence Forum brought together representatives from companies including Tickmill, VS Markets, LMAX, Capital.com, JustMarkets, Complyport, Libertex Group, IC Markets, Trading 212, TMGM, Dealio, Truvian, HFM and many more. Finance Magnates Intelligence thanked all attendees for taking part and for sharing their views during the presentations and roundtable discussions. The Forum reflects the wider development of Finance Magnates Intelligence, which provides market data, research, trading volume information, benchmarks, regulatory updates and industry analysis for financial services businesses. The Finance Magnates Intelligence platform brings together market data and industry insights covering areas including FX, CFDs, crypto, prop trading, broker activity, payments and regulation. "Data is most useful when it can be understood in the context of what is happening in the market," said Ramzi Ahmad, Director of Intelligence at Finance Magnates. "The Forum gave us the opportunity to put our data and research in front of industry professionals and, just as importantly, hear how they see the market." The first Finance Magnates Intelligence Forum marked the start of a new gathering for senior industry professionals, with the discussions providing feedback and views that will continue to inform the work of Finance Magnates Intelligence. About Finance Magnates Intelligence Finance Magnates Intelligence provides data, research and market insights for the financial services industry. Its offering includes trading volume data, market benchmarks, regulatory intelligence, industry research and analysis. The platform is designed for brokerages, fintech companies, compliance and legal teams, payment providers, prop firms, investors and analysts. Dora Christofi Finance Magnates Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above. You just read: October 08, 2026, 09:12 GMT EIN Presswire's priority is author transparency. We do our best to weed out false and misleading content. The content above is the sole responsibility of the author who makes it available. If you have any complaints, kindly contact the author above. Dora Christofi Finance Magnates
Monavate and LMAX Group link up on cross-border settlement rails. Monavate, the Cambridge-based FCA-regulated e-money institution, has partnered with LMAX Group to connect its payments platform to Omnia Exchange, the institutional liquidity and execution layer operated by the London foreign exchange and digital asset venue. The integration, announced on 5 August 2026, is delivered through a single API and is designed to give Monavate's business clients access to institutional-grade execution across fiat currencies, stablecoins and crypto assets without requiring them to build independent trading or risk functions. Monavate was acquired earlier this year by Exodus Movement, the publicly listed digital asset firm trading on NYSE American, and the LMAX partnership reflects the direction of travel for the combined entity: providing the infrastructure plumbing for businesses that want to issue, move and settle money across borders without relying on legacy correspondent banking rails. What the deal does. The practical capability the partnership adds is notable. Through Omnia, Monavate clients can access real-time pricing and execution, hedge lower-value payment flows without being subject to minimum trade sizes, and reduce intraday settlement risk. That last point matters most for payment providers running mixed fiat and digital asset books: intraday FX and crypto exposure is typically managed through either a banking relationship or a prime brokerage, both of which carry cost, credit requirements and operational overhead. An API layer into an institutional execution venue simplifies that stack. Oscar Vickerman, head of strategic distribution at LMAX Group, said: "As businesses increasingly look to digital assets as part of payment and settlement workflows, access to deep liquidity, reliable execution and scalable infrastructure becomes increasingly important." Michael Rolph, chief executive of Monavate, framed the deal in direct terms: "Payments are moving onchain, and the businesses that win will be the ones that can issue, move and settle money anywhere without touching legacy systems." Market context. The partnership sits in the middle of a structural shift that is reshaping the payments wholesale layer. Several well-capitalised platforms are converging on the same proposition: a unified settlement layer that handles fiat, stablecoin and tokenised asset flows under a single interface, removing the need for payment providers to maintain separate banking-as-a-service, crypto custody and FX hedging relationships. Circle with its USDC infrastructure, Fireblocks on the custody and settlement side, and B2B payment networks building stablecoin rails are all competing for a share of the same institutional payment flow. The regulatory backdrop in the UK and EU is becoming more structured around exactly this type of infrastructure. The FCA's work on stablecoin payment regulation and the EU's Markets in Crypto-Assets Regulation, which is progressively coming into force, are creating clearer operating frameworks for firms that bridge traditional payments and digital assets. Monavate holds FCA e-money institution status and Mastercard, Visa and Discover principal membership, which gives it a compliance foundation that purely crypto-native settlement providers cannot yet match. The metrics Monavate disclosed in the release give some sense of the scale it is working at: more than 6.3 million cards issued and over 13.5 billion US dollars in processed payments to date. Whether the LMAX integration translates into a meaningful reduction in settlement cost or treasury risk for its clients will be the commercial test, and neither company provided benchmarked before-and-after data alongside the announcement. AI level 1 of 5: written by Darlyn Ho; AI helped with tone, structure or wording; edited and signed off by Mark Walker, Editorial Director. What the levels mean
XM launches seven-day gold CFD trading as weekend access expands. XM has launched GOLD24-7, giving retail traders access to gold CFDs seven days a week as brokers expand weekend trading services. XM has launched GOLD24-7, a new gold CFD that allows retail clients to trade seven days a week, including Saturdays and Sundays when traditional spot and futures markets are closed. The move reflects growing demand for continuous access to gold as geopolitical events, economic data and breaking news increasingly affect prices outside regular trading hours. XM said the new product gives traders greater flexibility to respond to market developments rather than waiting for markets to reopen on Monday. XM joins a growing group of brokers expanding weekend gold trading. Vantage Markets recently introduced its XAUUSD247 product, while CMC Markets added weekend gold trading earlier this year. Institutional providers are moving in the same direction. Scope Prime, Match-Prime and LMAX Group have introduced products offering continuous exposure to gold and other major markets. Unlike exchange-traded gold futures, XM's GOLD24-7 is a broker-priced CFD. This means weekend prices may behave differently from the underlying spot gold market, making liquidity, spreads and pricing conditions particularly important for traders. The expansion highlights a broader trend in the trading industry toward 24/7 market access, especially for popular instruments such as gold, cryptocurrencies and major indices. Trading is a risky activity. Up to 69-80% of retail investors lose their money. Editorial Note This article aggregates publicly available market and broker updates from the source CMS. Verify time-sensitive data directly with official sources before making decisions. Last update: Aug 07, 2026
LMAX Group is Hiring for 7 Jobs on Simplify!
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs
About LMAX Group
Industries
Company Size
201-500
Company Stage
Growth Equity (Venture Capital)
Total Funding
$300M
Headquarters
London, United Kingdom
Founded
2007
LMAX Group is Hiring for 7 Jobs on Simplify!
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs