London Stock Exchange welcomes XTX Markets as Member Firm

  • XTX Markets to benefit from direct access to full range of London Stock Exchange trading platforms
  • Demonstrates London Stock Exchange appeal to  leading global trading firms

London Stock Exchange plc today announces that XTX Markets, a leading electronic trading firm providing liquidity in equity, derivatives, FX and commodity markets, is to become a non-clearing  Member Firm of London Stock Exchange on November 8th.

XTX Markets joins more than 350 other Member Firms from 19 countries.

London Stock Exchange membership allows major trading and broking firms to connect directly to Europe’s most liquid and international order book, and to trade central counterparty cleared securities including some of the world’s largest and well known companies. In addition the same connection provides access to London Stock Exchange Derivatives Market which enables trading in derivative contracts in UK securities, index products including FTSE 100 futures and options, Global Depositary Receipts and CurveGlobal interest rate products.

Brian Schwieger, Global Head of Equities Products, London Stock Exchange said:
“We’re delighted to welcome XTX Markets as a Member Firm today. Their joining is a clear demonstration of the broad appeal London Stock Exchange membership offers to the world’s most sophisticated market making and liquidity providing firms.”

Andonis Sakatis, Head of Business Development at XTX Markets, commented: 
“We are delighted to become a non-clearing member of London Stock Exchange. We look forward to continuing to be a robust liquidity provider and market partner for all counterparties on the exchange as we grow our business across geographies and products.”

- Ends –

For further information: 

Media

 

Tom Gilbert

 

+44 (0)20 7797 1222

newsroom@lseg.com

Notes to editors:

For more information about XTX Markets: www.xtxmarkets.com

About London Stock Exchange Group:

London Stock Exchange Group (LSE.L) is an international markets infrastructure business. Its diversified global business focuses on capital formation, intellectual property and risk and balance sheet management. LSEG operates an open access model, offering choice and partnership to customers across all of its businesses. The Group can trace its history back to 1698.

The Group operates a broad range of international equity, ETF, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS (Europe's leading fixed income market); and Turquoise (a pan-European equities MTF). Through its platforms, LSEG offers market participants, including retail investors, institutions and SMEs unrivalled access to Europe’s capital markets. The Group also plays a vital economic and social role, enabling companies to access funds for growth and development.

Through FTSE Russell, the Group is a global leader in financial indexing, benchmarking and analytic services with approximately $10 trillion benchmarked to its indexes. The Group also provides customers with an extensive range of real time and reference data products, including SEDOL, UnaVista, XTF and RNS.

Post trade and risk management services are a significant part of the Group’s business operations. In addition to majority ownership of LCH, a multi-asset global CCP operator, LSEG owns CC&G, the Italian clearing house; Monte Titoli, a leading European custody and settlement business; and globeSettle, the Group’s CSD based in Luxembourg.

LSEG is a leading developer and operator of high performance technology solutions, including trading, market surveillance and post trade systems for over 40 organisations and exchanges, including the Group’s own markets. Additional services include network connectivity, hosting and quality assurance testing. MillenniumIT, GATElab and Exactpro are among the Group’s technology companies.

Headquartered in the United Kingdom, with significant operations in North America, Italy, France and Sri Lanka, the Group employs approximately 3,500 people.

Further information on London Stock Exchange Group can be found at www.lseg.com