LMAX pushes into North America with new matching engine
New liquidity pool based in NY4 is aimed at funds, asset managers, brokers and banks
Foreign exchange trading platform LMAX Exchange has launched a new matching engine and liquidity pool based in New York, aimed at funds, asset managers, brokerages and banks.
"The new exchange enables North American clients to trade on unique, no 'last look' limit order liquidity. US clients will further benefit from low latency execution, high fill rates, price improvement as standard and access to real-time streaming market data," the company said in its press release.
The new matching engine
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