LMAX Group, a global cross-asset marketplace, has unveiled Omnia Exchange, a next?generation infrastructure layer enabling users to seamlessly convert any asset in real?time via a single API, anywhere, anytime.
Built on LMAX Group’s technology and liquidity, Omnia unifies FX, crypto, stablecoins and other digital assets in one platform, opening up access for businesses to unified wholesale liquidity and pricing.
The new technology allows them to move and settle value instantaneously across borders and asset classes.
It aims at simplifying trading and payment complexity, unlocking capital and reducing transaction costs across a wide range of industries from payment providers, retail finance and wealth managers to mobile networks, wallets, custodians, and social platforms.
Omnia combines the transparency and efficiency of blockchain order entry with the best execution of a centralised exchange.
According to the firm, users can trade any asset directly against any other 24/7, without restrictions on size or type, send value across borders as easily as sending a message, access liquidity without limitations and competitive, real-time pricing and, settle on traditional rails or instantly on the blockchain, with complete flexibility
David Mercer, CEO at LMAX Group, says: “Omnia Exchange is the foundation for a new paradigm in capital markets delivering the ability for institutions to exchange any asset, anytime, anywhere.
“By opening access to wholesale FX and digital asset markets globally, we’re removing barriers, reducing friction and unlocking liquidity. Institutions can exchange value as simply as sending a message, creating hyper-efficient capital. It’s a significant addition to the ecosystem and crosses the rubicon between traditional markets and digital marketplaces.”
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