XTX Markets
XTX Markets’ Alex Gerko Earns £682 Million as Profits Jump 54%: Report
- According to the Financial Times, a total of £1.28bn in profits was distributed between Gerko and 30 quantitative traders last year.
- XTX is investing €1 billion in a new data center in Finland to meet its growing computational needs.
Tuesday, 26/08/2025 | 16:38 GMT by
Jared Kirui
XTX Billionaire Battles £22.5M Tax Bill at Supreme Court
- Alex Gerko and 12 other former GSA Capital traders in Supreme Court appeal.
- He argues that HMRC's treatment of deferred trading profits from his time at GSA Capital amounts to double taxation.
Wednesday, 18/06/2025 | 07:01 GMT by
Damian Chmiel
XTX Markets Posts 50% Profit Jump to £1.28 Billion on Trading Surge
- The three main UK operating entities generated a combined revenue of £2.74 billion.
- It also plans to invest €1 billion in a data center complex in Finland to support its expanding computational needs.
Monday, 07/04/2025 | 06:00 GMT by
Damian Chmiel
XTX Markets Plans €1 Billion Data Center Push in Finnish Arctic
- The company launches a data center project in Kajaani, Finland, with the construction of the first facility underway for 2026 completion.
- “We're building ahead of our needs to establish a backbone for future growth,” said Joshua Leahy, Chief Technology Officer at XTX Markets.
Wednesday, 22/01/2025 | 07:59 GMT by
Damian Chmiel
UK's Court Rules against Billionaire Quant Trader Alex Gerko in £22.5M Tax Dispute: Report
- Bloomberg reported that the appeal judges ruled that Gerko and other traders at GSA Capital Partners must pay income tax on their share of trading profits.
- Gerko has criticized the ruling, calling the tax laws complex and unreasonable, and plans to challenge the judgment.
Monday, 22/07/2024 | 12:51 GMT by
Jared Kirui
XTX Markets Welcomes Former Barclays CEO into Director Role
- Timothy James Osborne Throsby brings experience from the finance and education sectors.
- He also holds roles at Phoenix Merchant Partners, Zen Educate, Light & Wonder, Silver Creek Pharmaceuticals, and Lumos Global.
Thursday, 27/06/2024 | 10:54 GMT by
Tareq Sikder
XTX Holdings (UK) Limited Posts Double-Digit Profit Decline in 2023
- One of the XTX's UK entities reported a drop in net revenue to £8.4 million.
- However, the management considers the results satisfactory given the exceptionally strong performance in 2022.
Sunday, 19/05/2024 | 11:59 GMT by
Damian Chmiel
XTX Markets to Boost Trading Capacity with Mega Data Center in Finland
- This decision is driven by the affordable electricity and favorable climatic conditions in the Nordic region.
- The initial phase of the data center will have 22.5MW computing capacity, with plans for 250MW capacity.
Friday, 12/04/2024 | 13:41 GMT by
Jared Kirui
XTX Markets Warns against Fraudulent Entities Claiming Affiliation
- The company clarified that it neither issues cryptocurrencies nor offers services on any retail FX or crypto platforms.
- XTX Markets emphasized that its official websites are XTXMARKETS.COM and AIMOPRIZE.COM.
Wednesday, 20/03/2024 | 19:04 GMT by
Jared Kirui
XTX's UK Profits Jumped by 42% in 2021
- Its revenue came in at £1.477 billion.
- It includes numbers from its markets division.
Thursday, 19/05/2022 | 06:55 GMT by
Arnab Shome
XTX Markets Almost Doubles Its Revenue in 2020, Profit Gains
- The total revenue for the year came in at £651.9 million.
Tuesday, 10/08/2021 | 07:34 GMT by
Arnab Shome
Tradefeedr Onboards Goldman, XTX and UBS
- The company provides a platform for FX market participants to share and analyze data
Tuesday, 10/09/2019 | 10:15 GMT by
David Kimberley
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