London based LMAX Exchange, which operates multiple global institutional FX exchanges as part of the LMAX Group, has announced that the company has hired Daniel Lavigne as Head of Buy-Side Sales, Canada. The company said that Daniel’s appointment further bolsters the global sales and product coverage model of LMAX Exchange, as it continues to expand and diversify its suite of global FX trading and liquidity solutions.

Daniel Lavigne, who is based in Toronto, will report to Franz Schmidpeter, Global Head of Buy-Side Sales at LMAX. He brings over 25 years of buy-side experience and possesses strong relationships across the FX market with peers, banks and platforms. Daniel joins LMAX Exchange after spending the past 17 years at OMERS (Ontario Municipal Employees Retirement System), where he was Director of Trading, responsible for all areas of FX trading and products.

Commenting on Daniel’s appointment, Patrick Bartle, Managing Director, LMAX Exchange said,

“We are delighted to welcome Daniel to the team. Daniel will be a great asset as we expand our buy-side focused liquidity solutions and execution management tools. The combined depth of his experience and strong institutional relationships will be extremely valuable as we build a complete FX offering across our global matching locations.”

Daniel Lavigne commented,

“It’s an exciting time to be joining LMAX Exchange as the business has evolved in recent years to provide a comprehensive global FX offering to buy-side institutions. I’m looking forward to leveraging my experience to help strengthen our relationships with institutional clients and continue to enhance the liquidity offerings we provide in the Canadian market and beyond.”

About LMAX Group

The LMAX Group is a global financial technology company and the leading independent operator of multiple institutional execution venues for FX and digital assets trading. The Group’s portfolio includes LMAX Exchange (institutional FX exchange, FCA regulated MTF and MAS regulated RMO), LMAX Global (FCA and CySec regulated brokers) and LMAX Digital (GFSC regulated execution venue and custodian).

LMAX Group has a vision to build the leading cross-asset marketplace and create a fair, level playing field for all market participants in FX and digital assets through transparent, precise and consistent execution, based on robust trading technology. LMAX Group services funds, banks, asset managers, retail brokerages and buy-side institutions in over 100 countries. The Group builds and runs its own high performance, ultra-low latency global exchange infrastructure, which includes matching engines in London, New York, Tokyo, and Singapore.