Oct
13
Tiny Bank-Beating Trading Firm Doesn’t Use Any Human Traders
By-
Self-learning machines help put XTX among top currency traders
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Company is expanding into other markets, geographies
One of the world’s fastest-growing trading shops doesn’t have any traders.
XTX Markets Ltd. has emerged as a foreign-exchange powerhouse, relying on programmers and mathematicians to fuel its rise into the global top five earlier this year. Now, after becoming a formidable player in currencies, XTX has its sights set on growing in stocks, commodities and bond markets…
Tiny Bank-Beating Trading Firm Doesn’t Use Any Human Traders
