Trading

XTX held talks to take stake in LME’s gold and silver market

Electronic trading company is discussing taking a stake in a partner to the LME's precious-metals exchange

XTX held talks to take stake in LME’s gold and silver market
Photo: Getty Images

XTX Markets has held talks to take a stake in the London Metal Exchange’s gold and silver platform, demonstrating the fast-growing electronic trader’s appetite for further investment in the infrastructure underpinning markets.

XTX discussed the acquisition of a stake in EOS Precious Metals, which partnered with the LME to launch LMEprecious, in recent weeks, according to people familiar with the matter.

WSJ Logo