Exchange LMAX Exchange Group announced the launch of the first capital of the UK trading platform for institutional investors. The new platform will operate under the name of LMAX Digital.
LMAX Exchange Group brings crypto currencies to the mainstream with institutional-only exchange, LMAX Digital — visit https://t.co/BSoEoQaz5B @mercerdavid @LMAX press release https://t.co/cTJNq82z2a pic.twitter.com/twt0J8xA8P
— LMAX Exchange (@LMAX) 21 May 2018
According to the statement of LMAX, the initial stage of bidding will be available five cryptocurrencies: bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC) and Ripple (XRP).
How am CEO of LMAX Exchange, David Mercer, the growth of institutional trading digital currencies will radically change the whole industry.
“We promote the legitimacy of the cryptocurrency market, offering institutions a platform on which safe to buy, trade and store cryptocurrencies with a high degree of liquidity. We believe that our new exchange will help to make the cryptocurrency mainstream”, he said.
LMAX Digital will conduct operations from London, where the company’s servers. Also, the site will provide its customers a series of bonuses, for example, a common public rules and solutions for storing digital assets.
In addition, the company intends to open offices in Tokyo and new York.
We will remind, earlier in may, British cryptocurrency exchange London Block Exchange has added support OmiseGo (OMG) announced the extension of listing five tokens.