LMAX news time...

LMAX up to $125 billion per month of forex volume

LMAX’s David Mercer THINKING BIG

Very quickly and roughly estimated, LMAX turnover is about fourth of the FXCM one. FXCM, being the biggest US forex broker. Not too shabby.

I don't know what to think about changing customer profile towards institutionals. Although, that was their intention from the beginning (for example, they require quite steep $10000 deposit from retail customers). Maybe they'll stop taking up retail traders after a while? Still, there are lots of introducing brokers that require much smaller capital to trade with LMAX. I will sumarize them in the next post.