News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Trading

XTX held talks to take stake in LME’s gold and silver market

Electronic trading company is discussing taking a stake in a partner to the LME's precious-metals exchange

XTX held talks to take stake in LME’s gold and silver market
Photo: Getty Images

XTX Markets has held talks to take a stake in the London Metal Exchange’s gold and silver platform, demonstrating the fast-growing electronic trader’s appetite for further investment in the infrastructure underpinning markets.

XTX discussed the acquisition of a stake in EOS Precious Metals, which partnered with the LME to launch LMEprecious, in recent weeks, according to people familiar with the matter.

WSJ Logo