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Make Britain a crypto capital, says ex-banker at heart of new frenzy

David Mercer s LMAX exchange hits a record high in cryptocurrency trades as it targets institutional investors 5 June 2021 • 5:00am Shepherd’s Bush may be better known for its retail prowess than its cryptocurrency credentials, but hidden just across the A3220 from Westfield shopping centre is the headquarters of the world’s largest institutional crypto exchange: LMAX Group. The little-known company, headed up by ex-banker David Mercer, was spun out of Betfair in 2012. Its main business is foreign exchange, but its move to the crypto market in 2018 has proved far more lucrative than Mercer could have ever imagined. In May, a record $74bn (£52.2bn) was traded on LMAX Digital, the group’s crypto platform, compared to less than $5bn a month this time last year.

The most overpaid & underpaid players at every NFL position

Vincent Carchietta / USA Today Sports Images Collins earned a huge contract from Washington 2019 after making three Pro Bowls with the Giants, but his production hasn t been as hoped. After failing to get an interception in 2019, Collins played only seven games last year due to injury. His cap hit in 2021 will be nearly $21 million, second-highest among NFL safeties. Seth Trachtman is a fantasy sports expert and diehard Kansas City Chiefs fan still hoping for a Super Bowl win during his lifetime. He doesn t often Tweet, but when he does, you can find him on Twitter @sethroto. More must-reads:

Crypto Crash: 7 Experts Break Down Causes, Whether to Buy the Dip

Crypto Crash: 7 Experts Break Down Causes, Whether to Buy the Dip
businessinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsider.com Daily Mail and Mail on Sunday newspapers.

Industry jobs: Latest roles filled at V12 Vehicle Finance, Sixt and Cazoo

V12 Vehicle Finance has announced the appointment of David Nield as its new managing director. In his new role, Nield takes over leadership of the vehicle finance business, working closely with Secure Trust Bank’s board as the company accelerates its growth ambitions. He brings more than 25 years of experience in the finance industry to his new role, having held senior positions at Barclays, Iveco Capital Europe and GE Capital Motor Finance. Nield was formerly Secure Trust Bank’s chief operating officer, a role he held for eight years, and has been part of Secure Trust Bank and its subsidiaries (the Group) since July 2009.

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