XTX Markets Blasts Past €1bn Daily Volume in Europe—Because Someone’s Still Trading in This Economy
XTX Markets just crossed the €1bn-a-day threshold in European trading volume—proof that algorithmic shops are eating the lunch of traditional market makers while your pension fund still invests in ’safe’ bonds yielding 2%.
The London-based quant firm—tight-lipped about its strategies but loud about its results—now handles more flow than some mid-tier investment banks. All without a single human trader sweating over a Bloomberg terminal.
Fun fact: Their ’record volumes’ press release arrived right before Q2 earnings season. Coincidence? Or a flex to remind the old guard that math beats gut instinct every time?
- 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
