XTX Markets is an electronic market maker and algorithmic trading firm founded in 2015 and headquartered in London. The company provides liquidity across equities, fixed income, currencies, commodities, and cryptocurrency markets, operating a portfolio of over 50,000 financial instruments with daily trading volumes exceeding $250 billion. It operates across 35 countries with offices in London, Singapore, New York, Paris, Bristol, Mumbai, Yerevan, and Kajaani.
The firm's operations are built on quantitative models and machine learning technology. Its research cluster houses over 25,000 GPUs and 650 petabytes of storage, supporting both trading operations and research activities. XTX Markets is constructing a large-scale data center in Finland to expand its computational infrastructure. The company employs researchers, developers, and technologists with expertise in mathematics, programming, physics, computer science, and machine learning.
XTX Markets was founded by Alexander Gerko, a Russian-born British mathematician and trader who previously headed FX trading at Deutsche Bank and GSA Capital. Beyond its core trading operations, the company has committed over £350 million to philanthropy since 2020, focusing on mathematics education and research, establishing itself as one of the UK's largest donors.
