LMAX Exchange

Project Overview

LMAX (London Multi-Asset Exchange) wanted to create the world’s fastest retail derivatives exchange using commodity hardware.

End Result

Black Pepper Software provided a full-service software development team to deliver the solution, from architecture through development and to quality assurance. As a newly formed business, LMAX needed to build an expert team to achieve its ambitious goals in a highly-competitive and strongly regulated market. Black Pepper stepped up and worked with LMAX to deliver its core exchange and help grow its own internal development capabilities.

The software was built to successfully handle 6 million transactions per second on a single thread, and hundreds of thousands of transactions with less than 1ms latency.