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17 SEPTEMBER 2019

LMAX Exchange Group (“LMAX Exchange” or “the Company”), a leading independent operator of institutional exchanges for electronic FX trading and crypto currencies, reports excellent growth and record financial performance for the year ended 31st December 2018.

LMAX Exchange Group Reports Another Year of Record Growth in 2018

March 21, 2019

LMAX Logo

London, 21 March 2019 – LMAX Exchange Group (“LMAX Exchange” or “the Company”), a leading independent operator of institutional exchanges for electronic FX trading and crypto currencies, reports excellent growth and record financial performance for the year ended 31st December 2018.

2018 financial highlights:

  • Gross Revenues of US$50m, up 27% from 2017
  • Gross Profit of US$45m, up 35% from 2017
  • Statutory EBITDA of US$18.6m, up 62% from 2017
  • Operating Profit of US$13.4m, up 135% from 2017
  • Total trading volume across exchanges in excess US$3 trillion, up 21%
  • Continued growth of international exchanges
    • Trading volumes on New York (NY4) up 267% from 2017
    • Trading volumes on Tokyo (TY3) up 60 % from 2017

Full version: lmax.com (pdf)


About the LMAX Exchange Group:

LMAX Exchange Group (LMAX Exchange) is a leading independent player in global financial markets. LMAX Exchange operates multiple institutional execution venues for FX trading and crypto currencies.

Leading the transformation of the global FX marketplace to transparent, fair, precise and consistent execution, LMAX Exchange has been widely recognised for industry innovation and award-winning proprietary technology. The Group’s portfolio includes LMAX Exchange (FCA regulated MTF), LMAX Global (FCA regulated Broker) and LMAX Digital, the institutional crypto currency exchange.

Servicing funds, banks, brokerages, asset managers and proprietary trading firms, the company offers an anonymous, regulated and rules-based trading environment with strict price and time priority order execution at ultra-low latency. Clients benefit from access to real-time streaming market and trade data, which enables the control of execution quality and total trading costs.

LMAX Exchange operates a global exchange infrastructure with matching engines in London, New York and Tokyo. The company’s institutional client base spans over 100 countries.

Source: LMAX