Trading

XTX Markets’ top quants share £600m profit pool

Algorithmic trading firm splits record profit among LLP members

Billionaire Alex Gerko’s high-frequency trading firm continues to rake in profits
Billionaire Alex Gerko’s high-frequency trading firm continues to rake in profits

XTX Markets boosted awards for top staff to an average of nearly £20m last year as the algorithmic trading firm cemented its position as one of Britain’s most profitable private companies.

The 31 members of the London-based firm’s limited liability partnership shared in a profit pool of £1.3bn in 2024, up 71% from £747m a year earlier, according to newly published registry filings for XTX Research LLP.

WSJ Logo
Trump Says He Is Removing Fed Governor Lisa CookExternal link

Trump Says He Is Removing Fed Governor Lisa Cook