4OTC Connects to LMAX Exchange
Posted by Colin Lambert. Last updated: February 4, 2024
Connectivity provider for FX and digital assets, 4OTC, has announced its Libre liquidity bridge service is now connected to LMAX Exchange, thus allowing liquidity providers (LPs) on Libre to stream to LMAX.
The service is connected to LMAX Exchange execution venues in London (LD4), New York (NY4), Singapore (SG1) and Tokyo (TY3), which enables it to streamline connectivity management, attract more liquidity onto the exchange, and minimise the time taken to onboard new LPs.
“Across all our exchanges the quality and depth of liquidity are key,” says Daniel Karakanna, head of liquidity management and analytics, EMEA, LMAX Exchange. “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, adds, “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.”