Institution record
XTX
XTX Markets Limited
- Source score
- —
- Warnings
- 0
- Comments
- 0
Licence records
Licences within our coverage (futures, options and derivatives providers) are listed first. Check each one on the regulator's own register.
| Regulator | Licence no. | Status | Licensed entity | Date | |
|---|---|---|---|---|---|
SECTier-1 In our coverage U.S. Securities and Exchange Commission | 8‐70009 | Regulated | XTX MARKETS LLC | 2017-12-13 | |
FCATier-1 In our coverage Financial Conduct Authority | 711945 | Regulated | XTX Markets Limited | 2016-07-04 | |
FCATier-1 In our coverage Financial Conduct Authority | 949967 | Regulated | XTX Markets Trading Limited | 2021-10-19 | |
FINRATier-1 Financial Industry Regulatory Authority | 289846 | Regulated | XTX MARKETS LLC | 2024-05-21 |
Peer regulatory & risk comparison
Side-by-side supervisory and risk benchmark comparing XTX against peer institutions in our futures, options and derivatives providers dataset.
| Institution | Primary regulators | Regulated / total | Risk classification | Source score | Warnings |
|---|---|---|---|---|---|
| XTX (this record) | SECFCAFCA+1 | 4 / 4 | Risk level not supplied | — | 0 |
| Saxo | FCAFINMAMAS+5 | 8 / 8 | Risk level not supplied | — | 0 |
| CMCMarkets | FCAFMAIIROC+3 | 5 / 6 | Risk level not supplied | — | 0 |
| OANDA | IIROCNFAASIC+3 | 6 / 6 | Risk level not supplied | — | 0 |
| Plus500 | CYSECFSAASIC+3 | 6 / 6 | Risk level not supplied | — | 0 |
| Coinbase | FCAMASSEC+6 | 9 / 9 | Risk level not supplied | — | 1 |
XTX: institutional due diligence FAQ
Key supervisory, licensing, and counterparty verification questions generated from the dataset.
What is XTX's regulatory licence status and supervisory authorisation?
In our imported dataset, XTX (legal entity reference: XTX Markets Limited) holds 4 recorded licence entries, of which 4 carry a "regulated" status and 4 are marked regulated or registered: SEC (U.S. Securities and Exchange Commission) — licence 8‐70009, status: regulated, Tier-1; FCA (Financial Conduct Authority) — licence 711945, status: regulated, Tier-1; FCA (Financial Conduct Authority) — licence 949967, status: regulated, Tier-1; FINRA (Financial Industry Regulatory Authority) — licence 289846, status: regulated, Tier-1. Institutional due diligence requires verifying that the exact legal entity on your counterparty agreement matches the licensed entity name and registration number on the official SEC, FCA, FINRA public register.
Which of XTX's jurisdictions and licences fall within this site's regulatory coverage?
This directory focuses on futures, options and derivatives providers. 3 of XTX's 4 licence records fall directly within this jurisdictional mandate: SEC (licence 8‐70009, regulated, entity: XTX MARKETS LLC); FCA (licence 711945, regulated, entity: XTX Markets Limited); FCA (licence 949967, regulated, entity: XTX Markets Trading Limited). Always confirm whether client money segregation and statutory investor compensation schemes apply to the specific subsidiary onboarding your account.
What is XTX's institutional risk classification, enforcement exposure, and score profile?
XTX carries a "risk level not supplied" classification in the source dataset (composite numeric scores are not supplied for this record). The record flags 0 regulatory warning or complaint counts. Because these figures reflect imported source fields rather than primary audit findings, compliance teams should review primary enforcement bulletins directly.
What operational due diligence steps apply to XTX's platforms, entity structure, and complaints?
Before allocating capital or executing trades with XTX, institutional and retail allocators should: (1) confirm the domain (xtxmarkets.com) against regulator-approved domains to guard against clone firms; (2) verify whether any of the 0 recorded warning/complaint entries or 0 user comments involve withdrawal restrictions or scope violations; and (3) confirm the dispute-resolution ombudsman tied to SEC.
Related institutional research & regulatory analysis
Editorial briefings and compliance research from VolSurface Desk relevant to XTX's supervisory scope.
Second-Order Greeks & Hedging
FINRA Rule 4210 Portfolio Margin vs. Reg T Strategy-Based Options Haircuts: Dealer Delta/Gamma Hedging Equations & E-Mini S&P 500 Futures Impact (15.0% Broad-Based Index Stress Range Benchmark)
FINRA Rule 4210 Portfolio Margin vs. Reg T Strategy-Based Options Haircuts (PORTFOLIO-MARGIN-TIMS) stands at 15.0% (Broad-Based Index Stress Range) (Source: FINRA / OCC Portfolio Margin, 2026-10-20), governing intraday f
Second-Order Greeks & Hedging
FINRA Rule 4210 Portfolio Margin vs. Reg T Strategy-Based Options Haircuts: Clearinghouse Margin Monte Carlo Scenarios & Intraday Call Triggers (15.0% Broad-Based Index Stress Range Benchmark)
FINRA Rule 4210 Portfolio Margin vs. Reg T Strategy-Based Options Haircuts (PORTFOLIO-MARGIN-TIMS) stands at 15.0% (Broad-Based Index Stress Range) (Source: FINRA / OCC Portfolio Margin, 2026-10-20), governing 99% 2-day
Volatility Surface & Dealer Flow Mechanics
Vanna-Charm Second-Order Greeks Hedging Flows, S&P 500 25-Delta Skew Term Structure & Dealer OpEx Pin Risk Mechanics (2026 Quantitative Desk Manual)
Vanna and Charm hedging flows refer to the systematic delta-rebalancing trades executed by institutional options market makers in response to shifts in implied volatility (∂Δ/∂σ) and the passage of time (∂Δ/∂t). Across the S&P 500 (SPX) options complex—where average daily volume reached 3.34 million contracts [3.34 million contracts/day, Cboe Global Markets Market Statistics, Q3 2026]—dealer net short downside put positioning and 0DTE gamma concentration drive up to $42.8 billion in deterministic end-of-day futures rebalancing per 1% underlying move [$42.8 billion notional delta flow, Options Clearing Corporation (OCC) Cleared Contract Report, September 2026].
Second-Order Greeks & Hedging
Cboe SPX 0DTE Options Volume (59% Share) & Dealer Gamma Exposure (GEX): FOMC & CPI Event Volatility Crush & Forward Variance Decomposition (59.0% Share of SPX Options Volume Benchmark)
Cboe SPX 0DTE Options Volume (59% Share) & Dealer Gamma Exposure (GEX) (SPX-0DTE-GEX) stands at 59.0% (Share of SPX Options Volume) (Source: Cboe Global Markets, 2026-10-20), governing extracting single-day event varianc