About LMAX

LMAX (London Multi Asset Exchange) is Europe's first MTF for trading FX and CFD instruments. LMAX enables both private and institutional investors to trade directly on the exchange and benefit from:

  • Tight institutional prices
  • Price transparency and market depth
  • No dealer intervention and never any requotes
  • Ultra fast anonymous execution
  • Access to centralised clearing through LMAX Broker services
  • Reliability and credibility of an MTF authorised by the FSA

Customers can currently trade rolling spot FX contracts and CFDs in indices and commodities. LMAX brings the benefits of institutional trading through increased transparency, greater flexibility and liquidity to the retail market. This is long overdue and benefits both the institutional and retail markets.

LMAX traders benefit from the ability to place orders directly into the MTF, with the benefit of faster execution, no dealer acceptance and no re-quotes.

LMAX was established and is majority owned by Betfair, the world’s leading sports betting exchange, and launched in October 2010 after nearly three years of development. Based in the UK, LMAX is authorised and regulated by the Financial Services Authority as a Multi-Lateral Trading Facility (“MTF”). MTF is defined in the Markets in Financial Instruments Directive (“MiFID”) as a multilateral system, operated by an investment firm or a market operator, which brings together multiple third-party buying and selling interests in financial instruments - in the system and in accordance with non-discretionary rules - in a way that results in a contract in accordance with the provisions of Title II of MiFID.

Technical Outlook

Market Overview

FX and CFDs are leveraged products that carry a high level of risk to your capital, with the possibility of losing significantly more than your initial investment. They are not suitable for everyone. Ensure you fully understand the risks and seek independent advice if necessary. The information on this website is not directed at residents of the United States of America or any other jurisdiction where trading in CFDs and/or FX is restricted or prohibited by local laws or regulations.  Copyright © Inraido Trading Limited. All rights reserved.