LMAX Group launches Weekend FX service

LMAX Group has launched a Weekend FX service that will enable clients to trade outside of market hours for the first time on institutional grade exchange infrastructure.

June, 2020

David Mercer
David Mercer

LMAX Group has launched a Weekend FX service that will enable clients to trade outside of market hours for the first time on institutional grade exchange infrastructure. Weekend FX operates from Friday 17:05 EST to Sunday 17:00 EST, a period when the spot FX market is closed, allowing clients to trade margin FX 24/7. 

Commenting on the launch, David Mercer, CEO of LMAX Group, said: “The last few months have reinforced the common understanding that volatility doesn’t stop on a Friday night and risk events have now extended beyond the working week. As a result, the current trading session doesn’t reflect market participants’ increasing need to access FX liquidity 24/7 in order to exchange risk – this puts significant pressure on the FX market to move with the times and become fully accessible seven days a week.”