XTX Markets (XTX) has chosen Paris as its post Brexit European hub, although the firm says that its headquarters will remain in London.
XTX has filed an application with the Autorité de Contrôle Prudentiel et de Résolution, the French regulator, to operate a regulated firm in France.
In a release issued today announcing the decision, XTX says that is opening an office in Paris as part of its preparation for the UK’s exit from the European Union. The firms adds in the release that it is committed to maintaining and further developing its liquidity provision to clients, platforms and exchanges across the European Union.