Staff exodus sparks questions about LMAX’s FX swaps venue
At least nine execs that joined from FX HedgePool – including CEO Jay Moore – have left the company
A wave of departures from LMAX’s swaps and derivatives unit is fuelling speculation among users about the future of the all-to-all swaps matching platform that it acquired from FX HedgePool in October 2024.
The latest departure is understood to be Jay Moore, a co-founder and former chief executive of FX HedgePool, who was appointed global head of swaps and derivatives products at LMAX after the acquisition. He left in March along with FX HedgePool’s former chief financial officer, Townsend Smith
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