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Reading: Workers exodus sparks questions on LMAX’s FX swaps venue
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Market

Workers exodus sparks questions on LMAX’s FX swaps venue

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Last updated: April 21, 2026 4:08 am
Editor
Published: April 21, 2026
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Workers exodus sparks questions on LMAX’s FX swaps venue


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  • No less than 9 execs that joined from FX HedgePool – together with CEO Jay Moore – have left the corporate
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Workers exodus sparks questions on LMAX’s FX swaps venue – FX Markets



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No less than 9 execs that joined from FX HedgePool – together with CEO Jay Moore – have left the corporate


Mobile phone and computer screen with LMAX logo and website

A wave of exits from LMAX’s swaps and derivatives unit is fuelling hypothesis amongst customers about the way forward for the all-to-all swaps matching platform that it acquired from FX HedgePool in October 2024. 

The newest departure is known to be Jay Moore, a co-founder and former chief govt of FX HedgePool, who was appointed world head of swaps and derivatives merchandise at LMAX after the acquisition. He left in March together with FX HedgePool’s former chief monetary officer, Townsend Smith

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