The Omnia Exchange infrastructure layer converts assets in real time via an API, which helps unify wholesale liquidity and pricing.
A cross-asset marketplace, LMAX Group has launched an infrastructure layer, the Omnia Exchange, that will help end-users to convert FX and digital assets in real time via an application programming interface (API), intended to unify wholesale liquidity and pricing, officials say.
Omnia combines blockchain order/entry with the execution of a centralized exchange, officials add.
“Omnia unifies FX, crypto, stablecoins, and other digital assets in one platform, opening up access for businesses to unified wholesale liquidity and pricing, allowing them to move and settle value instantaneously across borders and asset classes,” according to the announcement. “By embedding instant settlement and institutional-grade liquidity directly into their ecosystems, businesses can identify new revenue streams, offer seamless user experiences, and participate fully in the world’s most efficient markets.”
Omnia helps end-users to:
- Transact any asset directly against any other 24/7, without restrictions on size or type;
- Send value across borders like 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.
LMAX Group operates the LMAX Exchange, an institutional FX exchange, FCA-regulated multilateral trading facility (MTF), and MAS-regulated recognized market operator (RMO); LMAX Global, FCA- and CySec-regulated brokers; and LMAX Digital, a GFSC-regulated execution venue and custodian, officials say. LMAX Group serves funds, banks, asset managers, retail brokerages, and buy-side institutions in more than 100 countries.
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