XTB Examines Systematic Internalizer Model to Cut Trading Costs

XTB is examining systematic-internalizer arrangements for stock and ETF execution, Filip Kaczmarzyk, its board member for trading, said in an interview published today (Friday). The broker is looking for lower execution costs while retaining its zero-commission offer. Executing eligible orders against a firm's own book, rather than routing every order to an exchange, could make commission-free…