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Australian-based Metamako, a provider of latency devices and solutions for the trading industry and exchanges, has been selected by LMAX Exchange for the deployment of its foreign exchange (FX) data capabilities, according to a Metamako statement.
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LMAX Exchange is a multilateral trade facility that provides FX trading to retail and institutional clients. The group will be assimilating elements of Metamako’s product suite to help monitor all incoming and outgoing FX data in the firm’s core matching engine system. Moreover, the integration will see LMAX’s replacement of its fiber-optic capabilities with Metamako’s ... (read more)