XTX MARKETS TECHNOLOGIES LIMITED

PaymentCheck Score 2025
95Excellent
#519 in UK
#12 in Software
#258 in London

Company Information

Company Number
12300034
Registered Address
R7 14 - 18 Handyside Street, London, England, N1C 4DN
Status
Active
Employee Count
133
Turnover
£1,512,563,000
EBITDA
£1,330,142,000

Additional Details

Company Type
Private limited Company
Incorporated On
6 November 2019
Nature of Business
62090 - Other information technology service activities
Industries
Software
Region
London

Time to Pay

Average Time to Pay
15 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
91%
31-60 Days
8%
After 60 Days
1%
Not Paid Within Terms9%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202531 Jul 20251591%8%1%9%
01 Jul 2023 - 31 Dec 202331 Jan 20241098%1%1%2%
01 Jan 2022 - 30 Jun 202201 Aug 20222387%9%4%13%
01 Jan 2021 - 30 Jun 202130 Jul 20211598%2%0%2%

Payment Time Trends

Payment Distribution Trends

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

The standard payment terms relating to payments for qualifying contracts (as defined in the Regulation) is 30 days from the date of the invoice. XTX has opted for consistent payment terms where possible with all vendors irrespective of the service type or the size of the vendo

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

30

Dispute Resolution Process

in the unlikely event of a dispute with a supplier about a payment under a qualifying contract, the XTX Accounts Payable (“AP”) department will contact the supplier to resolve the dispute in the first instant. However, if the AP department is unable to help arrive at a resolution, then the relevant XTX key account manager will contact the supplier to further understand and resolve the dispute. Given the close relationship of XTX with its suppliers, it is unlikely that a viable resolution cannot be reached. While the dispute is being investigated, this is communicated to the relevant supplier being queried and any payment is held. Once the query has been resolved, the Finance department will release the relevant payment, or the supplier will issue a credit note. Contact details of the AP department where invoices should be sent is ap@xtxmarkets.com. In the event where the supplier wants to send a paper invoice, this should be addressed to: Accounts payable department, XTX Markets Technologies, R7 14-18 Handyside Street, London N1C 4DN.

Other Payment Information

Has this business signed up to a code of conduct or standards on payment practices?

For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.

Does this business offer e-invoicing in relation to qualifying contracts?

This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.

Does this business offer supply chain finance?

This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.

Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?

During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?

No information available

Company Summary

XTX MARKETS TECHNOLOGIES LIMITED is a leading technology company that specializes in providing innovative solutions for financial markets. Founded in 2015, the company has grown rapidly and has established itself as a key player in the industry.

The company's main focus is on developing cutting-edge technology solutions for the financial markets, including algorithmic trading, data analytics, and cloud computing. They provide their services to a wide range of clients, including banks, hedge funds, and other financial institutions.

XTX MARKETS TECHNOLOGIES LIMITED is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have a comprehensive sustainability program in place, which includes energy-efficient practices, waste reduction, and responsible sourcing of materials.

One of the company's key products is their proprietary trading platform, which uses advanced algorithms and machine learning techniques to analyze data and execute trades in real-time. This platform has gained popularity among traders for its speed and accuracy.

XTX MARKETS TECHNOLOGIES LIMITED is led by a team of experienced and highly skilled professionals, including CEO Alex Gerko and Co-Founder Zar Amrolia. They have a global presence with offices in London, New York, and Singapore.

For more information about their services and products, interested parties can visit their website at www.xtxmarkets.com. The registered office address for XTX MARKETS TECHNOLOGIES LIMITED is 6th Floor, 1 London Wall Place, London, EC2Y 5AU.

Financial Metrics

Cash
£340,415,000
Net Worth
£377,701,000
Total Current Assets
£590,402,000
Total Current Liabilities
£211,832,000

Company Location