LMAX Exchange CEO Comments on the FEMR Report


Commenting on the Fair and Effective Markets Review Final Report published this month, David Mercer, CEO of LMAX Exchange, said, “As the only FCA regulated MTF for spot FX operating a ‘no last look’ open order book, we fully welcome the review’s endeavour to bring increased transparency to the FX market.



Commenting on the Fair and Effective Markets Review Final Report published this month, David Mercer, CEO of LMAX Exchange, said, “As the only FCA regulated MTF for spot FX operating a ‘no last look’ open order book, we fully welcome the review’s endeavour to bring increased transparency to the FX market.We will fully support and cooperate with the new market standards committee to help drive the effort in increasing fairness and transparency in FX markets globally.” 

Recognised as one of the UK’s fastest growing technology firms, LMAX Exchange is the leading MTF for FX trading, authorised and regulated by the FCA. Servicing funds, banks, brokerages and asset managers, LMAX Exchange delivers firm liquidity, anonymous exchange quality execution and a secure, transparent level playing field to all market participants, regardless of status, size or activity levels.