XTX moves to zero hold times

The liquidity provider eliminates discretionary latency buffers in the last look window when trading with direct counterparties on a disclosed basis

Zar Amrolia co-chief executive XTX Markets
Moving to zero hold times will make the market fairer and more transparent, says Amrolia

XTX Markets has eliminated discretionary hold times in the last look window when trading on a disclosed basis with direct counterparties, moving to a so-called zero hold time (ZHT) model in a bid to nudge other market-makers to move away from extensive periods of price checks.

The liquidity provider follows JP Morgan publicly stating in its execution policy in May last year that it does not apply the discretionary latency buffers when pricing last look streams. XTX Markets will continue to pric

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: