LMAX Group to acquire Cürex’s FX business in institutional push
The move is part of LMAX Group’s international growth strategy as it aims to build a leading institutional FX exchange.
The move is part of LMAX Group’s international growth strategy as it aims to build a leading institutional FX exchange.
The launch will initially include centrally cleared USD settled Bitcoin and Ethereum futures, with a launch date expected in Q3, subject to regulatory approval.
New head of institutional sales for Americas at LMAX Group has previously worked at major institutions including Barclays and UBS and Euronext FX.
David Mercer, CEO of LMAX Group, which operates institutional exchanges for FX and cryptocurrencies, joins The TRADE from his office in London to discuss the launch of the Weekend FX trading service and his views on the industry debate about shorter market hours in European equity markets.