Robot Traders Jolt Life Into Slow-Speed European Stock Venue
- XTX Markets became a member of stock exchange Aquis this year
- Virtu said in March that it had boosted liquidity on the venue
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A London-based stock exchange that was on the ropes a year ago is getting a lifeline from algorithmic traders drawn to its efforts to blunt the advantages of raw speed.
Though still small, Aquis Exchange Ltd. has seen its share of European trading more than double in the past year. Part of the reason is firms like XTX Markets Ltd., an algorithmic-trader that uses machine learning, which became a member of the platform this year.