LMAX Exchange Secures Philip Kim as its Head of Institutional Sales - APAC

Philip Kim has joined LMAX Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term as its newest Head of Institutional Sales – Asia Pacific (APAC), according to information made public on his Linkedin profile.

In his new role as the Head of Institutional Sales – APAC, Mr. Kim will be based out of Hong Kong, where he will help to reinforce the group’s sales capabilities to its institutional clientele in the APAC region.

Mr. Kim joins LMAX Exchange from Kyonai Shoken Limited, a Hong Kong-based financial services firm he founded earlier this year. Prior to Kyonai Shoken, he also worked at FXCM for nearly a decade, dating back to 2005 – most recently he held a senior role as its Vice President in Hong Kong up until his departure in February 2015.

The company has made a number of hires as of late – last month, LMAX brought in foreign exchange (FX) sales maven Chris Warburton to serve as its institutional London-based sales executive. Mr. Warburton joined 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.

LMAX Exchange is a London-based FCA-regulated multilateral trading facility for FX trading. The group provides a low latency, order-driven Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term venue for a number of electronic trading venues, relegated to the FX market.