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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.