why don't they ever say how much they make over the course of using these bots? Ok they have 122million capital but where's the profit?
This Bank-Beating Trading Powerhouse Doesn’t Use Human Traders
One of the world’s fastest-growing trading shops doesn’t have any traders. XTX Markets Ltd. has emerged as a foreign-exchange powerhouse, relying on programmers and mathematicians to fuel its rise into the global top five earlier this year. Now, after becoming a formidable player in currencies, XTX has its sights set on growing in stocks, commodities and bonds markets. But in a world where the difference between profit and loss can be tiny fractions of a second, XTX says it relies more on smarts than speed. Instead of building microwave networks to ferret out prices a microsecond before anyone else, XTX uses ... (full story)