XM: What type of broker is XM?
Source:https://www.xm.com/help-center/about-the-company/faq-what-type-of-broker-is-xm-4
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Author:finance-102
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Date2023-07-31
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XM acts as a Market Maker, facilitating trading in financial instruments by quoting ‘bid’ and ‘ask’ prices on our online trading platforms. All agreed transactions are simultaneously ‘offset’ or ‘matched’ on a ‘back-to-back’ or ‘matched book’ basis, with our hedging counterparty, a Trading Point Group sister entity.
For more information, please refer to our Product Disclosure Statement
XM acts as a Market Maker, facilitating trading in financial instruments by quoting ‘bid’ and ‘ask’ prices on our
online trading platforms. All agreed transactions are simultaneously ‘offset’ or ‘matched’ on a ‘back-to-back’ or ‘
matched book’ basis, with our hedging counterparty, a Trading Point Group sister entity.
For more information, please refer to our Product Disclosure Statement