Financial Times “FX swaps start-up LMRKTS in first fundraising”

It has now secured an anchor investment of $7m from Motive Partners, a fintech venture capital firm run by former financial technology industry executives, as well as personal investments by two former Morgan Stanley executives, Michael Heaney and Steven Daffron.

New York-based LMRKTS has in a little over three months removed more than a trillion dollars’ notional worth of redundant foreign exchange trades for banks like JPMorgan, Goldman Sachs, JPMorgan, Deutsche Bank and UBS.

 

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