XTX Markets

High school (ages 12+)
Science & Technology

Name:

Date:

Step 1 · Read the article

Open the article and read it at the level above. Then answer the questions below in your own words.

https://smallwhale.org/articles/xtx-markets

Write what each word means, using the article.

Do not copy the article. Write two things you learned, the way you would explain them to a friend.

Answers below are taken from the article’s stored facts, so they match what the student read.

1. What is the company type?British algorithmic trading firm
2. What is the founding date?January 2015
3. How does XTX Markets use computers to trade?XTX Markets uses special computer programs called machine learning to look at lots of data and decide which trades to make. These programs help the company trade very fast and in many different markets.
4. What kinds of things does XTX Markets trade?XTX Markets trades more than 50,000 different things, like stocks, bonds, currencies, commodities, and even cryptocurrencies. It works on many exchanges and trading places.

Algorithmic Trading: The use of computer programs to execute trades automatically based on predefined rules and algorithms.
Machine Learning: A subset of artificial intelligence focused on developing systems that can learn from and make predictions or decisions based on data.
Financial Instruments: Any asset that can be traded, such as stocks, bonds, currencies, commodities, and derivatives.
Liquidity: The degree to which an asset or security can be quickly bought or sold in the market without affecting its price.