2026 · Audit bukti

XTX Markets — penyedia likuiditas institusional

XTX Markets Limited operates as a bilateral electronic liquidity provider since 2015. It holds multiple tier 1 licenses across the UK, USA, and France. The firm has self-reported claims regarding its liquidity provision and data storage capabilities, which should be independently verified.

XTX Markets Limited · London, UK · terakhir dicek ulang 2026-09 · skor bukti 88/100

Lisensi, dibaca di register

Regulator	Nomor lisensi	Yurisdiksi	Tingkat	Sumber
FCA	949967	UK	tier-1	buka sumber ↗
FCA	belum terverifikasi	UK	tier-1	buka sumber ↗
ACPR (AMF-supervised)	CIB 13283	France	tier-1	buka sumber ↗
SEC/FINRA	SEC 8-70009 (CRD 289846)	USA	tier-1	buka sumber ↗
SEC/FINRA	SEC 8-70532 (CRD 309266)	USA	tier-1	buka sumber ↗
SEBI	INZ000293058	India	belum terverifikasi	buka sumber ↗

Klasifikasi tier memakai skala yang sama dengan register ritel: tier-1 = pengawasan kelas FCA/ASIC/CFTC, tier-2 = kelas CySEC/FSC-Mauritius/MFSA, tier-3 = pendaftaran offshore. Lisensi tier-2 adalah pengawasan sungguhan tanpa skema kompensasi investor — jangan pernah menganggapnya setara perlindungan tier-1.

Apa yang dijanjikan perusahaan

Klaim yang cukup spesifik untuk dibantah — dan klaim yang tetap merupakan pengukuran internal venue itu sendiri.

Klaim yang bisa diuji

Disclosures page states XTX does not deal with individual investors, does not accept deposits and provides no retail trading services
Providing liquidity directly to institutional clients since the firm's inception in 2015 (clients page)
Bilateral liquidity across more than 10,000 assets (clients page)
TernFS storage deployment >500PB across 30,000 disks, 10,000 flash drives and three data centres as of September 2025; firm constructing a large-scale data centre in Finland

Klaim yang tidak bisa kami verifikasi dari luar

'Market-leading, differentiated liquidity' and 'low-market impact by holding risk for meaningful periods' are the firm's own characterisations
Price forecasts for over 50,000 financial instruments is the firm's own internal figure

Batas dan cakupan

Kelas aset	Lokasi	Konektivitas	Klien yang diterima	Ditolak secara tegas
FX, US/UK/European equities, Fixed income, Commodities, Cryptocurrencies			Institutional clients (bilateral relationships established through venues or via brokers)	Individual/retail investors — 'XTX does not deal with individual investors and does not accept deposits or provide retail trading services'

Perusahaan yang mengungkapkan sendiri batas layanannya — siapa yang ditolak, di mana ia tidak berlisensi — jauh lebih mudah diuji tuntas dibanding yang tidak. Daftar penolakan di sini diperlakukan sebagai pengungkapan, bukan kekurangan.