LMAX

LMAX

LMAX Authorised by the Financial Services Authority - 27 July 2010

LMAX Limited has announced that it has received Financial Services Authority (FSA) authorisation and plans to launch and operate a multilateral trading facility (MTF) to trade contracts for difference.

Immediately prior to FSA authorisation Goldman Sachs, pursuant to an agreement entered into in 2009, acquired a 12.5% stake in LMAX Limited's parent company London Multi-Asset Exchange (Holdings) Limited.

LMAX was established by Betfair, the world's leading sports betting exchange, in 2007, to enter the market for online retail financial trading. Betfair is the majority shareholder in the company.

Address:

LMAX
The Yellow Building
1A Nicholas Road
London
W11 4AN

Also see:

Tradefair Review: Tradefair
Official LMAX website: LMAX

Tradefair gears up for CFD launch - 19 January 2010

Spread betting site Tradefair is building a website for derivatives trading that will propel it into the Contract for Differences (CFD) market.

WhatInvestment.co.uk understands that a new platform - the London Multi-Asset Exchange (LMAX) - will offer broking services as well as training and educational services related to the provision of multi asset broking.

Parent company Betfair has started advertising for business development staff and has registered the LMAX trademark with the Intellectual Property Office.

For the full story see: WhatInvestment.co.uk - Tradefair Gears Up.

Under no circumstances are the comments and the information provided herein to be considered an offer or solicitation to invest and nothing herein should be construed as investment advice.

Neither CleanFinancial.com nor Financial Spreads or any contributing author accept any responsibility for any use that may be made of the above or for the correctness or accuracy of the information provided.

Financial Spreads » "With FinancialSpreads.com you get all the advantages of
Spread Betting as well as commission free CFD Trading on 2,500+ markets, 24 hour trading, professional level charts and..." read Financial Spreads review.

Risk Warning: Spread betting and CFD trading carry a high level of risk to your capital and you may lose more than your initial investment. Spread betting and CFD trading may not be suitable for all investors. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary

Article provided / approved by Financial Spreads which is a trading name of London Capital Group Ltd which is authorised and regulated by the Financial Services Authority (FSA), FSA Register number 182110

'LMAX' edited by DB, updated 23-May-13

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Risk Warning: Spread betting and CFD trading carry a high level of risk to your capital and you may lose more than your initial investment. Spread betting and CFD trading may not be suitable for all investors. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.

The contents on CleanFinancial.com are for information purposes only and are not intended as a recommendation to trade. Nothing on this website should be construed as investment advice.

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