LMAX Exchange and Z.com Trade extend liquidity solution to MT4 clients through PrimeXM
London UK, 9 March 2015 – A three party alliance between the world leading FCA regulated MTF for FX, the world’s largest retail FX provider and a leading MT4 bridge solution is opening access to a unique no ‘Last Look’ liquidity pool to a new group of traders.
LMAX Exchange, the FCA regulated MTF for global FX and the UK’s fastest growing technology firm, and Z.com Trade, a subsidiary of GMO CLICK, the world’s largest retail FX provider, have extended their partnership to offer a no ‘Last Look’ liquidity solution and exchange quality execution to MT4 clients for the first time. This solution will enable the MT4 clients of Z.com Trade to access no ‘Last Look’ liquidity from LMAX Exchange via PrimeXM, a leader in institutional grade bridging and hosting solutions. Clients will trade on streaming, firm limit order liquidity from the LMAX Exchange London-based (LD4) matching engine and benefit from the exchange quality execution in over 80 FX instruments at matching speeds of less than 4ms.
Furthermore, the previously announced LMAX Exchange partnership with Z.com Trade, which gave FIX API clients of Z.com access to LMAX Exchange liquidity in LD4, has now been extended to include liquidity from the company’s Tokyo-based matching engine (TY3).
Andreas Wigstrom, Head of International Development at LMAX Exchange, commented: “This next stage of our partnership with Z.com Trade extends the reach of LMAX Exchange technology and delivers unparalleled execution experience to a broader international trading community. Our alliance brings together the unique strengths of our companies, enabling us to further capitalise on growth opportunities in emerging and established markets.”
Nick Cropper, General Manager at Z.com Trade, said: “Extending our partnership with LMAX Exchange to now include MT4 client access is an important step. In these uncertain times, the Z.com Trade and LMAX Exchange partnership delivers strong value to our clients by offering both the security of trading with the world’s largest retail FX provider and access to the completely transparent, no ‘Last Look’ exchange quality execution provided by LMAX Exchange.”
Richard Bartlett, Head of Global Sales at PrimeXM, added: “We feel privileged to be a part of this innovative alliance. We will be facilitating this setup through the use of our market leading ultra-low latency trading software, backed up by our dedicated Equinix datacentre infrastructure. This will allow LMAX Exchange and Z.com Trade to offer potentially the finest trading experience and tightest pricing commercially available. ”
Media Contacts
For further information please contact:
LMAX Exchange (London):
Barbara Pozdorovkina T: +44 20 3192 2510 E: [email protected]
Z.com Trade Media Team E: [email protected]
About LMAX Exchange
Ranked No.1 fastest growing technology firm in Britain (2014 Sunday Times, Tech Track 100), LMAX Exchange is the leading MTF for FX, authorised and regulated by the FCA. Servicing retail brokers, funds, corporates, asset managers and banks, LMAX Exchange delivers a unique vision for global FX trading – a transparent, neutral, level playing field for all market participants, regardless of status, size or activity levels.
The LMAX Exchange OPEN order book is driven by streaming, no ‘Last Look’ limit orders supplied by General Member liquidity providers. LMAX Exchange offers a range of key products, including spot FX, precious metals, commodities and equity indices, with complete pre and post-trade transparency and order execution where no ‘last look’ is standard. Orders are executed in strict price/time priority at an average speed of 4ms.
LMAX Exchange – the emerging benchmark for global FX.
FX Industry awards
2024
The World’s Best Trading Firm for FX Liquidity – Euromoney Foreign Exchange Awardsmore
Application Performance – Speeds & Feeds – Azul Java Hero Awardmore
Exchange of the Year – Hedgeweek Global Digital Assets Awardsmore
2023
40 Top Innovators in Financial Markets – TabbFORUMmore
Best Execution Venue – Finance Magnates Awardsmore
Best Cryptocurrency Exchange – Finance Magnates Awardsmore
Best Crypto Trading Platform – Financial News Awardsmore
Best Exchange – Hedgeweek European Digital Assets Awardsmore
2022 - 2021
40 Top Innovators in Financial Markets – TabbFORUMmore
Best Exchange (Innovation) – Hedgeweek European Digital Assets Awardsmore
Best Crypto Trading Platform – Financial News Awardsmore
Best Execution Venue – Finance Magnates Awardsmore
Best Execution Venue – Global Forex Awards B2B more
Best Execution Venue – Finance Magnates Awardsmore
2020 - 2019
Best Cryptocurrency Exchange – Finance Magnates Awardsmore
Best Institutional Digital Asset Platform – Profit & Loss Readers' Choice Awardsmore
Crossover Award for Best Crypto/Fiat Initiative – Profit & Loss Readers' Choice Awardsmore
Best Anonymous Matching Platform – Profit & Loss Reader' Choice Awardsmore
Best Execution Venue – Finance Magnates Awardsmore
2018 - 2017
Best Crypto Solution Provider – Finance Magnates Awardsmore
Best Margin Sector Platform – Profit & Loss Readers' Choice Awardsmore
2016 - 2015
Best Trading & Execution Technology – HFM US Technology Awardsmore
Best FX Trading Venue (ECN/MTF) – WSL Awardsmore
Deloitte UK Technology Fast 50 – Deloitte more
Deloitte EMEA Technology Fast 500 – Deloittemore
Fastest Growing Tech Company in the UK – The Sunday Times Tech Track 100more
Recognised as a Tech City Future Fifty company – Tech City UK Future Fiftymore
2014 - 2013
Best Infrastructure/Technology Initiative – WSL Institutional Trading Awardsmore
Best Overall Testing Project – The European Software Testing Awardsmore
2012 - 2011
Best Trading System – Financial Sector Technology Awardsmore
Innovative Programming Framework – Oracle Duke's Choice Awardsmore
LMAX Limited operates a multilateral trading facility (MTF). Authorised and regulated by the Financial Conduct Authority, FCA Registered no. 509778.
About the GMO CLICK Holdings Group
GMO CLICK is one of the largest online financial service providers in Japan, offering a comprehensive range of financial instruments covering stock trading, foreign exchange, futures, options and CFDs to retail investors.
The group’s mission is to create trading technology and conditions that combine the lowest costs and the greatest ease-of-use possible.
Building on its success in the Japanese market, the Group expanded from Tokyo to establish an international presence in the other major financial centres of London and Hong Kong, bringing its services to traders worldwide. Part of the GMO Internet Group which recently announced its new global brand “Z.com”, the UK-based subsidiary of GMO CLICK will be using the service name “Z.com Trade.”
GMO-Z.com Trade UK Limited is authorised and regulated in the UK by the Financial Conduct Authority (firm reference number 622897).
About PrimeXM
PrimeXM is a Swiss based technology provider, recognized globally as a leader in bridge aggregation and institutional grade hosting solutions, providing bespoke ultra-low latency set-ups for FX Brokers, Banks, LPs, Hedge Funds and Asset Management firms. Their main offering, the “XCore”, is a state of the art execution engine, co-located and cross-connected to over 50 tier-one LPs and industry leading market makers; allowing clients to facilitate connectivity at sub-millisecond speeds, to virtually any liquidity sources and front end trading platforms. PrimeXM’s technology offering enables brokers to compose, customize and distribute their own liquidity to other entities as well as individuals. Their highly advanced trading software is coupled with a dedicated data- centre infrastructure in Equinix LD4, NY4 and TY3, which they fully own and manage internally. This results in superior levels of system performance, reliability and scalability that few others can compete with.