LMAX Group, one of the well-known independent operators of institutional execution venues for FX and cryptocurrency trading, announced today that it has appointed Andreas Wigstrom to the newly created role of Managing Director for LMAX Global.
According to an official press release shared with Finance Magnates, Wigstrom joined LMAX Group in 2010. The newly appointed Managing Director of LMAX Global has more than two decades of experience in global financial markets.
In the last decade, Wigstrom played an important role in the growth of LMAX in EMEA and Japan. In terms of client onboarding and retention, Wigstrom delivered significant results during the mentioned period.
Commenting on the recent appointment, David Mercer, CEO of LMAX Group, said: “This appointment demonstrates the depth of talent we have within LMAX Group, alongside the capabilities our senior managers have in geographic and business-line leadership roles. This is a great strength of LMAX Group. Andreas is at the top of his game and a natural choice for this newly created role. I am confident that we have the right team in place to deliver the Group’s full capabilities to serve the evolving needs of our clients.”
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LMAX Group has expanded its offerings substantially since the start of 2021. In June, LMAX Group joined Pyth Network to enter the growing DeFi market.
LMAX Global is one of the leading regulated brokers for FX, commodities and metals. The Group’s regulated broker is currently offering access to deep institutional firm limit order liquidity, tight spreads and transparent precise execution. Through the latest appointment of Wigstrom, the Group is planning to expand the sales and distribution of the LMAX Global offering worldwide.
“I am honored to have been given the opportunity to take on this new role at such a pivotal moment in the LMAX Group growth story. I truly believe that we have a unique product and value proposition and have a clear sense of how we can build on our track record of achieving growth and driving innovation,” Wigstrom commented.