Henry FernandezPublished May 30, 2018CryptocurrenciesFOXBusiness LMAX Exchange CEO David Mercer on the success of his crypto currency exchange and why trust, transparency and technology are the keys to great security. The recent launch of a cryptocurrency Opens a New Window.
exchange trading platform has drawn “unprecedented” demand in a little over a week. “It really has the excitement of the institutional market,” LMAX Exchange CEO David Mercer told Liz Claman during an exclusive FOX Business interview on Wednesday.
“It’s exactly what they’ve been looking for, and we’re pleased to play a part in the growth of this industry.” The first-ever institutional cryptocurrency venue trades an estimated $4 trillion in different currencies per year complete with a secure infrastructure. “It’s all about, you know, the three Ts: trust, transparency and technologies,” Mercer said.
Putting money in investments while still making debt payments can feel like whack-a-mole, but diligence to a strict budget and picking the right financial holdings may help you see significant return. LMAX Digital each day conducts more than $20 billion in transactions and processes more than a billion orders, according to Mercer.
“So, regulated by the Financial Conduct Authority in the U.K., we apply the best-in-breed, know- your-customer, anti-money-laundering policies,” he said. LMAX Digital is currently listing the top five digital cryptocurrencies: bitcoin Opens a New Window. Read more from foxbusiness.com…
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