LMAX Exchange, the first FCA regulated MTF for FX trading, has added ruble (RUB) and offshore renminbi (CNH) currency pairs to its existing list of over 70 traded instruments. Commenting on these additions, David Mercer, CEO of LMAX Exchange says, “Daily turnover of FX reached $5.3 trillion in 2013, a 35% increase from 2010, and is set to grow in 2014 and beyond. This growth will be driven by emerging markets in 2014, with Asia and Russia being two key markets. For example, the Moscow Exchange recently announced RUB volumes growing 59% year-on-year and reaching a new record high in December 2013. “These new ... (full story)