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LMAX Exchange, FastMatch Join IPC’s FX Hub

LMAX Exchange, the leading multilateral trading facility for FX and one of the United Kingdom’s fastest growing companies, and FastMatch, a leading financial technology company focusing on foreign exchange trading, have both joined IPC’s FX Hub.

“Ease of customer access to FastMatch is a key driver of the company’s growth,” said Dmitri Galinov, Chief Executive Officer, FastMatch. “Connectivity to IPC’s FX Hub provides a significant additional global channel for customers to access the FastMatch platform.”

“LMAX Exchange aims to provide its clients with a range of flexible connectivity options. We look forward to working with the IPC FX Hub community in our newly launched New York-based matching engine and continue to provide reliable and consistent, ultra-low latency execution to all our clients,” said Ralf Duken, Head of Networks and Security, LMAX Exchange.

IPC’s FX Hub supports the global foreign exchange markets through Equinix’s International Business Exchange (IBX) data centers in New York, London, Tokyo, and Singapore as well as other major FX centers such as Moscow, Chicago, Hong Kong, Frankfurt and Zurich; all with connectivity to IPC’s vast community of financial market participants and low latency access via IPC’s dark fiber rings to key FX liquidity providers and dealers.

“The highly liquid global foreign exchange markets offer alpha generation and diversification opportunities as returns are typically uncorrelated with those of traditional financial assets,” said David Brown, Senior Vice President and Managing Director, Financial Markets Network, IPC. “With more and more firms participating in the FX markets, reliable and secure managed network services and access to a diverse ecosystem of market participants continue to be critical.”

IPC’s Financial Markets Network interconnects global financial centers and allows access to more than 6,000 market participant locations across 700 cities in more than 60 countries.

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