Posts Tagged ‘LMAX’

UK, LMAX Troubles

August 15, 2011Andy No Comments »

Apparently things aren’t too well over at LMAX. The LMAX CFD and FX trading backed by Goldman Sachs and owned by Betfair reported a pre-tax loss amounting to £13.2m in the year to April 30, 2011 on revenues of £271,000.

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UK, Chief quits Betfair’s LMAX months after retail launch

April 4, 2011Andy No Comments »

The CEO of Betfair’s financial trading exchange LMAX has left the company – only three months after the trading platform launched for retail investors.

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UK, LCH.Clearnet goes live with CFD Clearing

October 27, 2010Andy No Comments »

LCH.Clearnet Ltd (LCH.Clearnet) has launched with Europe’s first clearing service for CFDs. LCH.Clearnet is the central counterparty to LMAX, the new multilateral trading facility for retail customers owned by betting exchange Betfair.

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UK, London Multi-Asset Trading Exchange Debut Today

October 25, 2010Andy No Comments »

Betfair’s financial trading spinoff, LMAX which stands for London Multi-Asset Exchange, will make its debut today, seeking to connect retail investors online and book a commission on their trades.

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