LMAX Exchange partners with 4OTC and connects with its Libre Liquidity Bridge

2024-02-06

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 Exchange, commented:

"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."