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FX Provider Database

Non-bank trading & market making

Browse FX industry businesses by category and service. Expand a listing for company details and source references.

Non-bank trading & market making

13 profiles

Browse businesses in this category. Expand a listing for its services and source references.

Non-bank trading & market making

Citadel Securities

Non-bank trading and market-making firm
Official website ↗

Operates a market-making business built around trading, quantitative research and technology. It supplies liquidity to market participants, a different role from a retail broker or an investment-management fund.

Liquidity provisionMarket makingQuantitative trading
Services, details & sources 3 services

Services & capabilities

Liquidity provisionSource ↗
Market makingSource ↗
Quantitative tradingSource ↗

Sources

  1. www.citadelsecurities.com/who-we-are/
    Checked 2026-10-29

    Source: www.citadelsecurities.com.

  2. www.citadelsecurities.com/
    Checked 2026-10-29

    Source: www.citadelsecurities.com.

Entity kind: organisation · Entity ID: org_citadelsecurities_com

Non-bank trading & market making

DRW

Non-bank trading and market-making firm
Official website ↗

Operates a diversified proprietary trading business using quantitative research and trading technology. It acts as a liquidity provider and risk taker across different markets, with its role varying by market.

Liquidity provisionMarket makingQuantitative trading
Services, details & sources 3 services

Services & capabilities

Liquidity provisionSource ↗
Market makingSource ↗
Quantitative tradingSource ↗

Sources

  1. www.drw.com/work-at-drw/who-we-are
    Checked 2026-10-29

    Source: www.drw.com.

Entity kind: organisation · Entity ID: org_drw_com

Non-bank trading & market making

Flow Traders

Non-bank trading and market-making firm
Official website ↗

Provides liquidity and market making across financial markets, including digital assets. Its business trades as a liquidity provider rather than supplying a retail investment account.

Liquidity provisionMarket making
Services, details & sources 2 services

Services & capabilities

Liquidity provisionSource ↗
Market makingSource ↗

Sources

  1. www.flowtraders.com/
    Checked 2026-10-29

    Source: www.flowtraders.com.

  2. www.flowtraders.com/about/
    Checked 2026-10-29

    Source: www.flowtraders.com.

Entity kind: organisation · Entity ID: org_flowtraders_com

Non-bank trading & market making

GTS

Non-bank trading and market-making firm
Official website ↗

Provides trading and liquidity solutions for institutional market participants. Its US broker-dealer execution activities sit within a broader technology-driven trading business.

Liquidity provisionInstitutional execution
Services, details & sources 2 services

Services & capabilities

Liquidity provisionSource ↗
Institutional executionSource ↗

Sources

  1. gtsx.com/
    Checked 2026-10-29

    Source: gtsx.com.

Entity kind: organisation · Entity ID: org_gtsx_com

Non-bank trading & market making

Hudson River Trading

Non-bank trading and market-making firm
Official website ↗

Develops quantitative trading strategies and market-making technology for financial markets.

Market makingQuantitative trading
Services, details & sources 2 services

Services & capabilities

Market makingSource ↗
Quantitative tradingSource ↗

Sources

  1. www.hudsonrivertrading.com/
    Checked 2026-10-29

    Source: www.hudsonrivertrading.com.

Entity kind: organisation · Entity ID: org_hudsonrivertrading_com

Non-bank trading & market making

IMC Trading

Non-bank trading and market-making firm
Official website ↗

Uses quantitative research and trading technology to provide market liquidity, including listed options and ETFs. Its institutional sales desks also allow buy-side firms to trade directly off-screen.

Liquidity provisionMarket makingQuantitative trading
Services, details & sources 3 services

Services & capabilities

Liquidity provisionSource ↗
Market makingSource ↗
Quantitative tradingSource ↗

Sources

  1. www.imc.com/ap/
    Checked 2026-10-29

    Source: www.imc.com.

Entity kind: organisation · Entity ID: org_imc_com

Non-bank trading & market making

Jane Street

Non-bank trading and market-making firm
Official website ↗

Combines proprietary quantitative trading with institutional client execution and liquidity provision. Its research and engineering teams develop trading systems across asset classes and venues.

Quantitative tradingLiquidity provisionInstitutional execution
Services, details & sources 3 services

Services & capabilities

Quantitative tradingSource ↗
Liquidity provisionSource ↗
Institutional executionSource ↗

Sources

  1. www.janestreet.com/who-we-are/
    Checked 2026-10-29

    Source: www.janestreet.com.

Entity kind: organisation · Entity ID: org_janestreet_com

Non-bank trading & market making

Jump Trading

Non-bank trading and market-making firm
Official website ↗

Runs a proprietary trading business combining traders, engineers and quantitative researchers. Its teams develop trading systems across asset classes and time horizons rather than offering a retail brokerage account.

Quantitative trading
Services, details & sources 1 services

Services & capabilities

Quantitative tradingSource ↗

Sources

  1. www.jumptrading.com/
    Checked 2026-10-29

    Source: www.jumptrading.com.

Entity kind: organisation · Entity ID: org_jumptrading_com

Non-bank trading & market making

Optiver

Non-bank trading and market-making firm
Official website ↗

Uses quantitative research, technology and risk models to price instruments, execute trades and provide market liquidity. Its market-making business is distinct from retail brokerage and investment banking.

Liquidity provisionMarket makingQuantitative trading
Services, details & sources 3 services

Services & capabilities

Liquidity provisionSource ↗
Market makingSource ↗
Quantitative tradingSource ↗

Sources

  1. www.optiver.com/what-we-do/
    Checked 2026-10-29

    Source: www.optiver.com.

  2. www.optiver.com/
    Checked 2026-10-29

    Source: www.optiver.com.

Entity kind: organisation · Entity ID: org_optiver_com

Non-bank trading & market making

Susquehanna International Group

Non-bank trading and market-making firm
Official website ↗

Operates a quantitative trading firm whose researchers, technologists and traders build trading strategies and systems. Its core trading business differs from a retail brokerage or a public investment product.

Quantitative trading
Services, details & sources 1 services

Services & capabilities

Quantitative tradingSource ↗

Sources

  1. sig.com/
    Checked 2026-10-29

    Source: sig.com.

Entity kind: organisation · Entity ID: org_sig_com

Non-bank trading & market making

Tower Research Capital

Non-bank trading and market-making firm
Official website ↗

Supports quantitative trading teams through shared high-performance trading technology. Its platform combines research and engineering infrastructure for teams trading across markets, assets and time horizons.

Quantitative trading
Services, details & sources 1 services

Services & capabilities

Quantitative tradingSource ↗

Sources

  1. tower-research.com/
    Checked 2026-10-29

    Source: tower-research.com.

Entity kind: organisation · Entity ID: org_tower_research_com

Non-bank trading & market making

Virtu Financial

Non-bank trading and market-making firm
Official website ↗

Combines market making with institutional agency execution, algorithmic routing and trading-workflow tools. Its client solutions include liquidity sourcing, execution analytics and APIs for access to Virtu services and client data.

Market makingLiquidity provisionInstitutional executionExecution algorithmsAPI access
Services, details & sources 5 services

Services & capabilities

Market makingSource ↗
Liquidity provisionSource ↗
Institutional executionSource ↗
Execution algorithmsSource ↗
API accessSource ↗

Sources

  1. www.virtu.com/
    Checked 2026-10-29

    Source: www.virtu.com.

  2. www.virtu.com/solutions/execution/
    Checked 2026-10-29

    Source: www.virtu.com.

  3. www.virtu.com/solutions/
    Checked 2026-10-29

    Source: www.virtu.com.

Entity kind: organisation · Entity ID: org_virtu_com

Non-bank trading & market making

XTX Markets

Non-bank trading and market-making firm
Official website ↗

Uses quantitative research and machine-learning models in algorithmic trading. It trades on exchanges and alternative venues and provides liquidity directly to institutional clients; it does not offer retail deposit or trading accounts.

Quantitative tradingLiquidity provision
Services, details & sources 2 services

Services & capabilities

Quantitative tradingSource ↗
Liquidity provisionSource ↗

Sources

  1. www.xtxmarkets.com/
    Checked 2026-10-29

    Source: www.xtxmarkets.com.

Entity kind: organisation · Entity ID: org_xtxmarkets_com