XTX Markets
David Ireland set to join XTX as CFO
Former CFO of Nex Optimisation starts his new role next month
Six big FX market-makers call for end to last look
Citadel Securities, Jump and Virtu among those repudiating controversial practice
FX last look: how non-banks stack up
Research shows patchy disclosures plus differences from banks on pre-hedging and rejected orders
LMAX to launch matching engine in Singapore
London-based firm is latest to join plans to transform the island into global risk centre
Jump: inside the secretive e-trading giant
Execs at the Chicago prop firm wish the whole world was a Clob, but as bilateral volumes rise, they've decided to go with the flow
XTX Markets goes for Paris as European hub
Liquidity provider applies to French regulator for authorisation
Awards: XTX Markets
XTX Markets has been voted Best FX Liquidity Provider and Best Non-bank Market Maker at the 2018 FX Week e-FX Awards
XTX: transparency, clearing and relationships will dominate
In 2017, clients rediscovered the value of relationships, but priorities are likely to change in 2018
Seven sign up for CME’s over-the-counter NDF-clearing launch
The exchange is set to launch the service in the first quarter of 2018
GFXC hopes for Principle 17 decision on November 15
Committee publishes responses to its consultation on last look and will meet to decide on the subject on November 14
XTX to become equities SI under Mifid II
The non-bank market-maker will opt into the regime for European equities, regardless of its share of the OTC market
XTX appoints Niki Beattie as non-executive chairman
She is the founder and managing director of Market Structure Partners, an independent consultancy
XTX moves to zero hold times
The liquidity provider eliminates discretionary latency buffers in the last look window when trading with direct counterparties on a disclosed basis
Former Deutsche COO Ritchotte invests in Cobalt
Deutsche Bank’s former chief operating officer bets on tech firm’s future success
Stromme exits XTX Markets
One of the first employees in Gerko's FX team at GSA Capital, and later XTX Markets, heads off to ventures new
e-FX Awards: XTX Markets – Best FX Liquidity Provider
The London-headquartered market-maker is expanding to become a global firm
Cobalt signs Citadel Securities and XTX, and gears up for go-live
Distributed ledger technology firm hires support staff, suggesting launch is approaching
XTX Markets appoints Eric Swanson as CEO for Americas
Swanson departs Bats Markets after nine years and will start his new role on June 1
XTX sounds death knell for last look
The NBLP launches new analytical tool, which Jeremy Smart says will make last look obsolete
Liquidity quantification, clearing and the death of last look
XTX Markets' co-chief executive says 2017 will see a solution for options clearing, eventually forcing forwards and swaps too
XTX joins Bats Europe as a member firm
The move is a continuation of the liquidity provider's push into equities and expansion on exchange
More co-operation to come between banks and NBLPs
As liquidity providers increasingly split into the two extremes of risk appetite in both the bank and non-bank liquidity space
XTX makes another hire in Singapore
Ted Yang joins from rival liquidity provider Tower Research as head of Asian business development
Best FX Liquidity Provider and Most Innovative Liquidity Source: XTX Markets
The London-based market-maker emerges as a serious contender for the biggest share of FX