Private company

XTX Markets

Logo: XTX Markets, Public domain, via Wikimedia Commons4

British algorithmic trading company

XTX Markets Limited is a British algorithmic trading company based in London. It was founded in January 2015 by Alexander Gerko, who is currently co-CEO alongside Hans Buehler.3 From Wikipedia, CC BY-SA 4.0

Last updated Oct 16, 2026.

Overview

Jan 30, 2015Founded1
  • HeadquartersLondon1
  • Websitewww.xtxmarkets.com
  • Incorporated inNY5
  • Business address50 Hudson Yards, 72Nd Floor, New York, Ny 100015

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King's Cross Central development R7 building, Handyside Street, King's Cross Central development, London, England
Photo: Acabashi, CC BY-SA 4.0, via Wikimedia Commons6

XTX Markets Limited is a British algorithmic trading company based in London. It was founded in January 2015 by Alexander Gerko, who is currently co-CEO alongside Hans Buehler. The company employs around 300 people globally (as of 2026) and uses state-of-the-art machine learning technology to produce price forecasts for over 50,000 financial instruments across equities, fixed income, currencies, commodities and crypto. It uses those forecasts to trade on exchanges and alternative trading venues, and to offer differentiated liquidity directly to clients worldwide. The firm trades over $250bn a day across 35 countries.3

How it started

History

The company is based in London, United Kingdom and was founded by Alexander Gerko in 2015, as a spin-off of GSA Capital.

In 2016, XTX Markets was the ninth-largest liquidity provider in the foreign exchange market by volume; with a 3.87% market share. It was the first time a company that is not a bank placed in the top ten of the Euromoney survey. It is part of a trend of non-bank traders taking market share from banks.

In July 2016, XTX Markets Limited became an FCA authorized investment firm.

In December 2017, XTX registered its first U.S. broker dealer, XTX Markets LLC. This followed the opening of the U.S. office in September 2017.

In January 2018, XTX Markets moved its headquarters to the R7 building in London's Kings Cross.

From Wikipedia’s article on XTX Markets, shared under CC BY-SA 4.0.3

Leadership

Who has led XTX Markets, and when. Pick a name to see everywhere that person has worked.

Timeline

  1. Jan 30, 2015Founded Founded1

Sources

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