Last year was a tough time to run a crypto venue. Spot activity was subdued for much of the year and on a single weekend in October about $19 billion of leveraged positions were liquidated. LMAX Group came through on the strength of a model its rivals do not have: it runs a regulated institutional FX exchange and a regulated digital asset exchange on the same technology, under the same governance, for many of the same clients.
The numbers reflect that.
Access this research
Enter your work email address to sign in or check whether your organisation already has access to Euromoney.
