LMAX is large % owned by a betting shop and maybe also goldman sachs too, and changed their name to LMAX exchange. And i see articles around how they use different more efficient matching and clearing model.
But i would if they are a real exchange. The banks to bank feeds seem to be what forex is really about. I wonder if they are CFD's. That they maybe more like CMC and IGMarkets,
I am still very wary of names such as fxcm, from many years ago. Not saying that their pro account is or isn't good, but that mud sometimes sticks.
TheCyclist posted: Gawd - 🙄 - all we need, an affiliate telling us whatever we want to hear for a sale.
And how exactly is LMAX an exchange?
I don't think it's an exchange, but a type of exchange, as says on their website: 'The LMAX Exchange is a neutral execution venue where buyers and sellers meet, show their interest in an instrument by placing orders and where orders are matched according to our efficient, best-execution, institutional style matching rules'.
TheCyclist posted: They list companies or they don't, if they don't they're not an exchange. It's a broker. Simple as that. And if they start off by misrepresenting themselves then I have an issue with that.
Yes, I agree. It's like an investment firm which uses the word 'bank' it its name.
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