LMAX Exchange (standing for "London Multi Asset Exchange" and the trading name of LMAX Limited) is an institutional electronic trading platform for foreign exchange, regulated by the Financial Services Authority. The business offers a range of products, including spot FX, precious metals, commodities and equity indices, with complete pre and post-trade transparency and order execution. LMAX Exchange services retail brokers, funds, corporates, asset managers and banks and has clients in over 90 countries across the globe.
According to the company's website, the business' "vision" is delivering transparent, neutral, level playing field to all participants in the FX market. Its approach to technology is said to be "revolutionary and minimalist" with architecture and technology-related processes being a blend of in-house intellectual property and "the most" up-to-date best practice. (source: company's website)