
LMAX Exchange reports record profits for 2016
FX platform posts EBITDA of £5.6 million, representing annual rise of £4.2 million

LMAX Exchange has reported record profits of £2.2 million in its full-year results for 2016, in a sharp turnaround from 2015 when the trading platform’s accounts showed a loss of £1.4 million, citing investment in technology, geographical expansion and product diversification as reasons behind the positive results.
For 2016, LMAX Exchange posted earnings before interest, tax, depreciation and amortization (EBITDA) of £5.6 million, representing an annual increase of £4.2 million.
The firm’s
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe
You are currently unable to print this content. Please contact customer services - www.fx-markets.com/static/contact-us to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Trading Systems
Follow Topics
Receive the content you need straight to your inbox
Choose to follow a range of topics and receive a regular roundup of the latest coverage.