LXM Group, the international financial services provider, has launched a platform to distribute research produced by foreign broker dealers to its clients.
The platform will provide LXM’s clients with access to on-the-ground local insight and knowledge for emerging and frontier markets whilst providing the security and support of transacting directly with LXM.
The addition of this foreign broker dealer offering enhances LXM’s global reach and underlines the firm’s promise to constantly improve its service to clients. The platform provides a much-needed addition to the research space in a market which has recently been constricted by consolidation on the sell side. Heading the Foreign Dealer Platform is Harold Warren who is also Global Head of Emerging Markets at LXM. Harold previously worked at Robert Fleming, Deutsche Bank and Uralsib and brings a wealth of experience in sales trading and management across emerging markets.
The platform further allows a select group of foreign research providers who are highly regarded in their respective local jurisdictions to deliver their product to LXM’s clients, thereby providing the buy side with original and thoughtful research. It also benefits local research houses by enabling them to distribute research via LXM to a wider client base, previously subject to cost and infrastructure constraints. All content is quality controlled in house and LXM has built a team to ensure research and insight of the highest standard.
Matthew Mavridoglou, co-founder and CEO of LXM Group said, “Over the past 3 years we have significantly developed our foreign broker partnerships thus further increasing our offering to our clients. We now have a broad network of brokers offering coverage in over 25 emerging and frontier markets”.
For more information, please contact:
Simon Walsh, Communications Manager, The Libra Group Simon.Walsh AT libra.com | +44 020 7245 8700