LMAX Exchange Fortifies Institutional Sales Team With Chris Warburton

LMAX Exchange has brought in foreign exchange (FX) sales maven Chris Warburton as its newest institutional London-based sales executive.

Mr. Warburton joins LMAX after a seven-year stint at Citigroup, having worked most recently in FX sales for the Europe, Middle East and Africa (EMEA) region since 2008. In this role, he specialized in e-FX 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 and prime brokerage sales for institutional clients, whilst covering APIs, algo trading, voice broking, FX options and other instruments.

Prior stops include Saxo Bank, Henderson Row and HB Markets plc, dating back to 2005, with the majority of his work being focused on hedge funds and FX, according to information made public on his Linkedin account

Last month, LMAX Exchange made headlines after releasing its financial metrics for the previous fiscal year. The group revealed its first full year of profitability with reported annual net profits of $780,000 in 2014. Moreover, business activity was also stronger than ever, despite the all-time low Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad Read this Term in the FX market for the first nine months of 2014.

LMAX Exchange is a London-based FCA-regulated multilateral trading facility for FX trading. The group provides a low latency, order-driven execution venue for a number of electronic trading venues, relegated to the FX market.