LMAX = Revolution ?!

[Peternam]

kiwi_trader


Registered: Aug 2002
Posts: 3712


11-30-10 03:05 AM


Hint: At the moment they only have 3 liquidity providers (goldman, jpm and optiver) and one broker member. Hopefully they will add more later. Its backed by Goldman and the betfair people.










If you execute around 10 million , you pay about 1 pip in spread without commissions, how is that for liquidity ?!



www.lmax.com

 

[Peternam]

that is for the EUR/USD...

 

[cap'ncod]

http://www.armadamarkets.com/


I currently trade through the above. They are IB's for LMAX and I think they take US clients. Commissions are $20 per million traded (RT) and 100:1 leverage. Executions are approx 20ms and never any delays/ rquotes because LMAX is a genuine Multilateral Exchange and not a forex 'ECN'. Spreads a very tight. They offer a permanent demo (MT4). Enjoy!

 

[peleus]

Hi Cap, are you still doing this for this year? I was wondering if you still have tips for these days.

 

[Peternam]

http://www.armadamarkets.com/


I currently trade through the above. They are IB's for LMAX and I think they take US clients. Commissions are $20 per million traded (RT) and 100:1 leverage. Executions are approx 20ms and never any delays/ rquotes because LMAX is a genuine Multilateral Exchange and not a forex 'ECN'. Spreads a very tight. They offer a permanent demo (MT4). Enjoy!

no IB anymore....

Lmax is doing around 10 billion/day these days...the place to be