XTX Markets Opens U.S. Dark Pool After Growth in European Stocks

XTX Markets Ltd., a London-based electronic market maker, opened a dark pool for U.S. equities.

The company switched on the new platform in March after building a large presence in European equities, where its so-called systematic-internalizer platform is the largest by volume. Dark pools are private venues for trading securities.

Several brokers, including Barclays Plc, will provide liquidity to clients via the XTX Direct single-dealer platform.

“Although we will continue our advocacy for policies incentivizing on-exchange trading, we will also vigorously compete wherever we can,” Eric Swanson, chief executive officer of XTX Markets in the Americas, said in ...