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London-based Abide Financial, a leading regulatory reporting specialist with backing from ICAP Plc, has been chosen by XTX Markets to manage its compliance and transaction reporting obligations across multi-asset, multi-regime reporting channels.
Abide Financial will act as the managed service reporting partner for XTX Markets – in order to handle its transaction reporting across multiple asset classes, according to a corporate announcement.
XTX Markets transacts in Equities, as well as in Fixed Income, Currency, and Commodities (FICC), and Abide will provide multi-asset reporting across various regulatory regimes where the company has reporting obligations.
This synergy will help XTX meet its reporting obligations ... (read more)