Tag: XTX Markets

XTX Markets

And Another Thing…

Earlier this month, Virtu Financial announced it was rolling out a data analytics service, it was one of several initiatives launched by the firm since the acquisition of ITG and is yet another example of how the non-bank market making segment is seeking to evolve and, as a result of that evolution, move closer to […]

Volatility’s Comeback – What Did We Learn?

Are we witnessing a fundamental change in how FX markets operate? That was one of the key themes discussed by panellists during the first session of Profit & Loss Dial-In Day London, which took place on April 29th. The first session looked at what we learned during recent volatile markets from traders’ perspectives as Logan Campbell, global […]

XTX Commits £20mn to Charities Battling Covid-19 Effects

XTX Markets is committing £20 million to three funds battling the effects of COVID-19. The funds are to help bring immediate relief for frontline workers in hospitals caring for those with the disease, as well as those in New York City who are unable to get access to food during these difficult times. XTX has […]

And Finally…

Whilst wishing everyone a very happy holiday season and a tremendously successful 2020, very quickly we come to the final column of the decade and the last Irrational for 2019, my Person/People of the Year. Before I do, however, I have to acknowledge – yet again – the greatness of the readership. Two weeks ago, […]

XTX Hires Webber

XTX Markets announced that Andrew Webber has joined the firm’s global distribution team. Based in London, Webber arrives after more than two years with BNP Paribas, where he was head of e-FX client analytics. Prior to that, he was a quantitative trader at Sun Trading and Deutsche Bank, where he covered both FX and interest […]

Clearmatics Technologies and XTX Markets Unveil Collateral Management Solution

Clearmatics Technologies, a provider of decentralised digital cash settlement systems and XTX Markets have lifted the veil on a six month project to build a member-owned network for the automation of collateral management and settlement. The network will focus on providing its members with a service that automates collateral management processes within financial markets and […]

Tradefeedr Live with Goldman, UBS and XTX

Tradefeedr, the FX data analysis platform has partnered with Goldman Sachs, UBS & XTX Markets as the first participants on its platform. Co-founded in 2018 by industry veterans Balraj Bassi and Alexei Jiltsov, Tradefeedr is an independent intermediary which aggregates, analyses and disseminates trading information between capital market participants to aid data-driven decision making. “Today […]

In the FICC of It

News that FastmatchFX founder Dmitri Galinov is planning a return to the FX industry dominates this week’s podcast as Colin Lambert and Galen Stops chat through the challenges and opportunities for the fledgling platform, which leads into a broader discussion around the NDF market in general. Stops also recounts a meeting with an FX market […]

Trading Firms Cry “Last Look” in the Futures Market

As a futures exchange proposes a new speed bump mechanism, a number of market participants are coming out in opposition to it. Some of the arguments they’re making will sound familiar to those in the FX markets, says Galen Stops. On February 1 the Intercontinental Exchange (ICE) put the cat amongst the proverbial pigeons by […]