LMAX - DERIVATIVES

Description

LMAX - Derivatives (LMAD) is a London-based MTF allowing direct access to financial markets and providing five levels of market depth. It is a segment of the LMAX operating MIC under an unspecified ISO 10383 category.

Specifications

MIC code

LMAD

Operating MIC code

LMAX

OPRT/SGMT

SGMT

Market name – Institution description

LMAX - DERIVATIVES

LEI

–

Market category code

NSPD

ISO country code

GB

City

London

Website

www.lmax.com

Registry status

Active

Creation date

Aug 22, 2011

Last update

Aug 22, 2011

Last validation

–

Comments

LMAX ALLOWS THE BENEFIT OF DIRECT ACCESS TO FINANCIAL MARKETS AND ALSO FACILITATES MTF WHERE TRADES ARE ENTERED DIRECTLY INTO THE MARKET AS ORDERS AND ALSO ACCESS FIVE LEVELS OF MARKET DEPTH WHERE THE BOOK IS WEIGHTED BETWEEN BUYERS AND SELLERS.