XTX Markets Joins TradAir as Liquidity Provider

XTX Markets, the online market maker for foreign exchange, commodities, and derivatives trading, announced that it has partnered with TradAir, the front-office optimization solutions developer, as a streaming Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term provider.

Further partnerships major part of future organic growth

Jan Strømme, Head of e-FX sales at XTX Markets, said that the deal is “another step in broadening the reach of our liquidity provision across various platform providers. We will continue to look into partnerships with Liquidity Aggregation Liquidity Aggregation Aggregation or liquidity aggregation can be characterized as the process of gathering buy and sell orders from different sources and directing them to a given executing party. This is most commonly done from multiple sources to minimize the risks from using a single liquidity provider. By aggregating liquidity from multiple sources, the broker is able to increase the depth of market it offers to its clients and therefore deliver better fills on the order flow when compared to when it uses a sing Aggregation or liquidity aggregation can be characterized as the process of gathering buy and sell orders from different sources and directing them to a given executing party. This is most commonly done from multiple sources to minimize the risks from using a single liquidity provider. By aggregating liquidity from multiple sources, the broker is able to increase the depth of market it offers to its clients and therefore deliver better fills on the order flow when compared to when it uses a sing Read this Term platforms as we grow organically over the coming years.”

TradAir’s Head of Strategy & Corporate Development Brian Andreyko commented: “As a neutral technology provider, giving our clients unencumbered access to their unique relationships is fundamental to what we do and we are happy to partner with XTX Markets to expand their offering.”

XTX Markets, at present on 22 ECNs and exchanges, announced another partnership with TraderTools, an electronic forex trading platform, earlier this month. Prior to this, at the start of November, the market maker said that it has become a streaming liquidity provider to 360T, the forex trading platform that Deutsche Börse recently bought, beating CME Group.