
- XTX Markets’ European SI (Systematic Internaliser) had a record month in terms of ADTV in April.
- For the first time, the ADTV (Average Daily Trading Volume) hit 1bn EUR, reaching 1.02bn EUR.
- Figures include our UK and European SIs, which provide liquidity to UK and EU clients in UK and EU equities markets
Hans Buehler, co-CEO, XTX Markets:
“We’re proud that our SI has reached this significant milestone. This is testament to the quality of our unique and differentiated liquidity provision, coupled with our strong partnerships with clients.
While €1bn in average daily volume is a real achievement, in practice this means more firms are recognizing the benefits of interacting with our low market impact liquidity and are choosing to trade with XTX Markets.
From a macro perspective, April saw high volatility and extreme market conditions, particularly in the equities market. Our record SI volumes demonstrate our ability and commitment to providing liquidity through these times of stress. Where some may have stepped back, XTX was there when our clients needed us.
We’re continuing to invest in our European equities product offering, alongside growing efforts for liquidity provision from our SDP in the U.S. Whether in Europe or the U.S., we believe order-by-order competition is positive for clients.”
Source: XTX