2013 Tech Track 100

Rank: 15   LMAX Exchange

Captured a 1% share in one of the fastest growing segments of the $5tn daily global FX market

Chief executive David Mercer, 42, led the buyout of this London firm from Betfair in 2012. It operates an electronic foreign exchange trading facility, with liquidity provided by 14 market-makers, including JP Morgan and Goldman Sachs. LMAX says it has 1% of the $5trillion daily FX market. Annualised revenues were 5.6m this year.

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Company facts

LMAX Exchange
e-FX trading technology
Company website

Sales growth
160.27% pa
2013 sales*5.6m
2010 sales0.3m
2013 staff95
Founded2008
Location of HQWest London
If applicable:
* = annualised figures
= draft accounts