Trading

XTX Markets bets on ‘private rooms’ to boost US stock trading

London-based trader talks up potential for Wall Street’s new ‘dark’ venues

Wednesday 30 April 2025 at 23:01

Hans Buehler was global head of equities analytics, automation and optimisation at JPMorgan before joining XTX in 2022 and becoming its co-CEO the following year.
Hans Buehler was global head of equities analytics, automation and optimisation at JPMorgan before joining XTX in 2022 and becoming its co-CEO the following year. Photo: XTX Markets

Algorithmic trading firm XTX Markets is pushing into new ‘dark’ trading venues to grow its client-facing US equities business.

London-based XTX is trying to capitalise on hot demand for so-called private rooms, also known as hosted rooms, its co-chief executive Hans Buehler told Financial News.