LMAX Exchange is pleased to announce that it has won the 2013 Wall Street Letter (WSL) Institutional Trading Awards award for “Best FX Trading Platform – ECN/MTF”. In gaining this prestigious accolade, LMAX Exchange triumphed over established industry heavyweights FXall, Knight Hotspot FX and Bloomberg Tradebook.
The award was presented during a gathering of FX industry luminaries at the Cipriani Hotel New York on February 13, and receiving were Steve Toland, Head of Exchange Strategy and Barbara Pozdorovkina, Head of Corporate Development for LMAX Exchange.
The WSL Institutional Trading Awards recognises excellence among providers to the institutional trading industry, awarding brokerage firms, exchanges and financial technology companies for achievements and innovation throughout the previous year.
David Mercer, CEO of LMAX Exchange commented:
“We are delighted to have won the 2013 WSL ‘Best FX Trading Platform – ECN/MTF’ – and it is all the more gratifying to know that we were chosen over the illustrious FX industry stalwarts of FXall, Hotspot FX and Bloomberg Tradebook.
The WSL award confirms for us that the institutional market has now discovered that the LMAX Exchange model really is the most efficient and cost effective way to trade very liquid products like FX.
In the coming months and years we look forward to more institutional participants discovering the unique benefits of exchange quality execution, total pre and post-trade transparency and the level playing field for all that LMAX Exchange delivers.”