Skip to main content
Lack of offsetting flow, tech bottlenecks and higher-than-expected costs weighed on start-up’s growth
Buying FX HedgePool in 2024 must have seemed like a good idea to LMAX Group.
The foreign exchange swaps matching platform had built an impressive roster of buy-side clients – including big names such as Pimco and Vanguard – and facilitated over $4 trillion in peer-to-peer trades since inception in January 2020.
The six dealers that joined as credit intermediaries were racing up the FX swaps rankings.
And the $20 million purchase price looked like a steal.
Not so much now.
FX HedgePool’s growth
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@fx-markets.com or view our subscription options here: https://subscriptions.fx-markets.com
You are currently unable to print this content. Please contact info@fx-markets.com to find out more.
You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@fx-markets.com
Most read articles loading…
Back to Top
You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.
Sign in
You are currently on corporate access.
To use this feature you will need an individual account. If you have one already please sign in.
Sign in.
Alternatively you can request an indvidual account here: