XTX Markets Trading Limited

XTX Markets is a British algorithmic trading firm headquartered in London. It describes itself as a leading algorithmic trading firm that uses state-of-the-art machine learning technology to produce price forecasts for over 53,000 financial instruments across equities, fixed income, currencies, commodities and crypto. The firm uses those forecasts to trade on exchanges and alternative trading venues, and to offer differentiated liquidity directly to clients worldwide. XTX Markets does not deal with individual investors, does not accept deposits, and does not provide retail trading services. The firm operates at significant scale. According to its official website, it has over 1 exabyte of usable storage, over 25,000 GPUs in its research cluster, a daily traded volume of $250 billion, trades across 35 countries, and approximately 300 employees. It is also constructing a large-scale data centre in Finland to future-proof its computational capabilities. Its teams include researchers, developers and technologists with backgrounds in pure mathematics, programming, physics, computer science and machine learning. XTX Markets is known for its philanthropy. Since 2020, it has committed more than £400 million to charities and good causes, establishing the firm as one of the UK's largest donors. Its giving spans education, science and global development, with a principal focus on mathematics. The firm has issued public warnings about fraudulent retail and cryptocurrency scams that falsely claim affiliation with XTX Markets. It states that it does not take deposits from or deal with individual or retail investors, does not issue any cryptocurrencies, and operates only its official website, www.xtxmarkets.com, with no smartphone app.

XTX Markets was founded in 2015 by Alex Gerko, a former trader at Deutsche Bank and GSA Capital. The firm was established as a technology-driven market maker, applying machine learning and large-scale computational resources to price financial instruments and provide liquidity. It is headquartered in London, United Kingdom. From its early years, XTX Markets grew rapidly to become one of the largest market makers in global foreign exchange and other asset classes. The firm expanded its trading across equities, fixed income, currencies, commodities and crypto, and now trades on exchanges and alternative trading venues in 35 countries. It reports a daily traded volume of $250 billion. XTX Markets has invested heavily in its technology infrastructure. It operates a research cluster with over 25,000 GPUs and over 1 exabyte of usable storage, and is constructing a large-scale data centre in Finland. The firm employs approximately 300 people, including researchers, developers and technologists. In 2020, XTX Markets began a major philanthropic programme. Since then, it has committed more than £400 million to charities and good causes, making it one of the UK's largest donors. Its philanthropy focuses on education, science and global development, with a principal emphasis on mathematics. The firm has also taken public steps to protect its brand from fraud. It has issued notices warning that fraudulent retail and cryptocurrency scams falsely claim affiliation with XTX Markets, and it emphasizes that it does not accept deposits, does not deal with retail investors, and does not issue cryptocurrencies.

• 2020

  XTX Markets begins major philanthropic giving; since then commits over £400m to charities.

• 2015

  XTX Markets founded by Alex Gerko.

Leading algorithmic trading firm using machine learning for price forecasting and liquidity provision; does not serve retail investors.

• Algorithmic trading and liquidity provision

  Price forecasting for over 53,000 financial instruments across equities, fixed income, currencies, commodities and crypto, traded on exchanges and alternative venues.

1. 1Home | XTX Marketsxtxmarkets.com
2. 2General notice regarding retail and cryptocurrency scamsxtxmarkets.com
3. 3XTX Markets Trading - Wikidatawikidata.org