Breaking: LMAX Exchange Marks £5.6m EBITDA on Annual Volumes of $2.1tn

[kreslik.news]

London-headquartered multilateral trading facility LMAX Exchange has just published its 2016 results via a regulatory filing with UK Companies House. The firm is reporting a positive outcome with its significant investments in 2015 paying off handsomely. The company has record profitability with its annual EBITDA for 2016 totaling £5.6 million.

LMAX reports that the company’s revenues amounted to £27.7 million ($35.8 million) which is higher by 20 percent when compared to the previous year. Gross profit is reported at £20.8 million ($26.9 million) which is higher by a third when compared to the full year 2015. Gross margins increased to 75 percent ... (read more)