FX and digital assets exchange LMAX has expanded its technology infrastructure following the launch of a trade matching engine in the Equinix IBX data centre in Singapore, also known as SG1.
This is the fourth matching engine run by LMAX Group, which focuses on institutional traders.
The group will initially offer FX spot trading through SG1 but plans to increase its product range over time.
LMAX launched a matching engine in Tokyo in 2015, which was its first venture in Asia-Pacific markets.
It now plans to link the Tokyo and Singapore engines to create an Asia-Pacific corridor which it believes will enhance access to institutional liquidity in the region.
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