XTX Markets Continues Focusing on Asian Growth, Hires Ted Yang

The leading non-bank Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term providing venue in the foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term industry, XTX Markets has continued its focus on expanding the company’s footprint across Asia. The firm on-boarded Ted Yang to its Asian business development team which is based in Singapore.

Yang joins after serving as Head of Technical Implementation Management in the APAC region at Tower Research. His tenure at the firm lasted a bit over a year with a much longer career at Samsung futures in Korea.

While working for the leading corporate conglomerate in the country he served as Head of the Electronic Trading Client Services team at Samsung Futures in Korea and spent eight years at the company.

Commenting on the new hire, the Head of Business Development at XTX Markets Andonis Sakatis said: “I am delighted to have Ted joins us as we continue to grow our business in Asia. He has a fantastic depth of knowledge around financial markets and we look forward to him developing our business further.”

XTX Markets has been polled as the top performing non-bank liquidity provider in terms of volumes according to a Euromoney poll released earlier this year in May. The company has been actively continuing to expand its offering and is on its way to become one of the key market players in the industry.