LMAX Exchange, the multi-lateral trading facility (MTF) for global foreign exchange (FX) trading, has launched of LMAX Hong Kong, an Securities and Futures Commission (SFC) licensed broker for leveraged foreign exchange trading.

As an SFC licensed broker, LMAX Hong Kong offers institutional and professional clients in Hong Kong the ability to trade firm limit order FX liquidity.

Brokers, money managers, funds, corporations and professional traders can now access over 60 FX pairs through the platform.

“The establishment of LMAX Hong Kong as an SFC licensed broker significantly contributes to the firm’s growing presence in Asia Pacific; the recent addition of a new matching engine in Tokyo (TY3) means we can offer the same low latency execution of under 4mins to our clients in Asia Pacific, that our clients currently enjoy in LD4," said Scott Moffat, chief operating officer of LMAX Exchange, who is heading LMAX Hong Kong as an executive director.

“LMAX Exchange is leading the industry towards transparency through its unique exchange trading business model, and we’ve witnessed a real shift in FX trading towards transparent price discovery and fair execution over the past few years," said David Mercer, CEO of LMAX Exchange. "In 2015 our goal is to become a leading player in FX trading in Asia Pacific by offering that same transparent, neutral, level playing field for all market participants in the region.”