XTX Markets

XTX Markets was incorporated in the United Kingdom on January 30, 2015, and was founded by Alex Gerko. It is a private, technology-led trading firm whose core business is automated market making rather than asset management or investment banking.

The firm uses statistical modelling, machine learning and large-scale computing to generate price forecasts and trade across equities, fixed income, currencies, commodities and crypto. Its systems trade on exchanges and alternative venues and provide liquidity directly to institutional clients, including banks, real-money investors, hedge funds and retail brokers.

XTX is especially strong in research-heavy quantitative trading, high-performance trading technology and cross-asset liquidity provision. Its public figures include forecasts across more than 53,000 instruments, $250 billion in daily traded volume and a research cluster with more than 25,000 GPUs.