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by abbadadda
2383 days ago
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Love this comment! Still, XTX is a cool name, even if the author of the article didn't really get it: https://math.stackexchange.com/questions/2624986/the-meaning... . The nice thing is no VCs are really necessary to fund trading firms like this. Usually the owners have 100% of the capital, split between one or more owners. Not positive of XTX's capital structure, but it is unusual to have VCs involved. GETCO was an exception, and they were pressed to eventually go public (as KCG): https://finance.yahoo.com/quote/KCG/ |
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