LMAX Group, an operator of institutional exchanges for FX and digital assets trading, has announced the appointment of Chris Knight to the role of Managing Director. Knight, an experienced financial markets professional with over 30 years of industry experience, will be relocating from Sydney to London to assume his new position over the summer.

Leading Operations and Growth Strategy

In his new role, Knight will initially focus on overseeing the operations and future growth strategy of LMAX Digital, the institutional cryptocurrency exchange Cryptocurrency Exchange A cryptocurrency exchange is an online platform that supports the exchange of various currencies for a cryptocurrency or digital asset.Comparable to a generalized financial exchange, a crypto exchange’s core function is to permit and encourage the buying and selling of cryptos.This is accomplished by producing a stable trading environment suitable for traders nested through different locations around the world. Sometimes a crypto exchange may be referred to as a digital currency exchange (DCE) f A cryptocurrency exchange is an online platform that supports the exchange of various currencies for a cryptocurrency or digital asset.Comparable to a generalized financial exchange, a crypto exchange’s core function is to permit and encourage the buying and selling of cryptos.This is accomplished by producing a stable trading environment suitable for traders nested through different locations around the world. Sometimes a crypto exchange may be referred to as a digital currency exchange (DCE) f Read this Term operated by LMAX Group. This responsibility comes as Jenna Wright, Managing Director, takes maternity leave.

Knight's extensive career includes notable positions such as APAC Head of Distribution and Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term Optimization at XTX Markets and over a decade at Standard Chartered Bank, where he was responsible for the bank's e-commerce strategy across FX, Rates, and Credit. His experience also encompasses FX trading roles spanning Asia, with bases in Singapore, Hong Kong, and Tokyo.

David Mercer, CEO, LMAX Group, said: “Chris has an excellent track record and pedigree in financial markets, and I’m delighted to welcome him to the Group. His previous experience in global distribution, automated trading and liquidity provision across asset classes, combined with his breadth of institutional relationships will be of great benefit to the business as we continue to deliver our FX and digital assets capabilities to the market.”

Industry Roles Strengthen Global Network

Knight has held several industry roles, including Director and President of ACI Australia, and is a member of the Australian Foreign Exchange Committee, a representative forum of the Australian foreign exchange market. His appointment brings with it an extensive global network of institutional client and industry relationships.

“LMAX Group has established itself as a fast-growing global business which sits at the crossroads of traditional and decentralised finance. LMAX Digital is leading the way in institutional trading of digital assets and I’m looking forward to leveraging my knowledge and network, working with David, Jenna, and the rest of the senior leadership team to help deliver on their strategic vision, ” commented Knight.