XTX Markets goes for Paris as European hub

Liquidity provider applies to French regulator for authorisation

Zar Amrolia co-chief executive XTX Markets
Zar Amrolia: French regulators have been very receptive to having a leading market-maker such as XTX establish in France

Non-bank liquidity provider XTX Markets has chosen to open its European office in Paris, following the UK’s departure from the European Union. The firm’s headquarters will remain in London.

The cross-asset liquidity provider has applied to the French regulator, the Autorité de Contrôle Prudentiel et de Résolution, to operate a regulated firm in France as it prepares for life after Brexit.

The application asks that the French regulators authorise XTX as an investment firm to trade across asset

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