LMAX Exchange has connected to 4OTC, provider of low latency connectivity services for digital assets and FX, with its Libre Liquidity Bridge service. Libre is designed to enable liquidity providers to stream FX liquidity on LMAX Exchange venues with “ultra-low” latency, the firm said.
Libre provides connectivity to LMAX Exchange execution venues globally, including London (LD4), New York (NY4), Singapore (SG1) and Tokyo (TY3). It claims to simplify connectivity management, attract more liquidity onto the exchange, and minimise the time taken to onboard new Liquidity Providers.
Daniel Karakanna, head of liquidity management and analytics, EMEA, at LMAX Exchange, said: “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, said: “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.”
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