4OTC, the provider of low latency connectivity services for
Digital Assets and FX, and LMAX Exchange, the leading institutional exchange for
global FX, today announced that LMAX Exchange is connected with its Libre
Liquidity Bridge service. Libre enables Liquidity Providers to stream FX liquidity on
LMAX Exchange venues with ultra-low latency.
Libre provides connectivity to LMAX Exchange execution venues globally, including
London (LD4), New York (NY4), Singapore (SG1) and Tokyo (TY3). It enables it to
streamline connectivity management, attract more liquidity onto the exchange, and
minimise the time taken to onboard new Liquidity Providers.
4OTC provides technology to address the challenges faced by Liquidity Providers,
OTC trading desks and exchanges in the FX and Digital Asset markets. The new
Libre service provides robust co-located connectivity to multiple Liquidity Providers
and venues trading Digital Assets and FX.
Daniel Karakanna, Head of Liquidity Management and Analytics, EMEA, LMAX
"Across all our exchanges the quality and depth of liquidity
are key. The connectivity with 4OTC's Libre service will enable more Liquidity
Providers to price on LMAX Exchange execution venues, as well as leverage our
distribution scale and global exchange infrastructure."
Mark Price, Co-Founder of 4OTC, added:
"LMAX Exchange is recognised for its
industry leading proprietary exchange technology. Liquidity Providers making firm
prices need consistent and predictable low latency and Libre has been architected to
match these requirements. 4OTC is a specialist in ultra-low latency connectivity,
which, combined with LMAX's focus on performance, makes a great match for the
Libre service. We look forward to continuing this successful partnership."