Key facts
- Alex Gerko received a record £895 million personal payout from XTX Markets' 2025 profits.
- XTX Markets' UK entity reported revenues of £3.93 billion and after-tax profits of £1.71 billion for 2025.
- The firm's profits per employee averaged approximately £6.84 million.
- Gerko holds about 75% ownership in XTX Markets.
- XTX Markets paid £1.8 billion in dividends in 2025 and made additional distributions in early 2026.
- The company paid approximately £580 million in UK corporation tax for the year.
Alex Gerko, the Russian-born mathematician who founded XTX Markets in 2015, achieved a personal record payout of £895 million from his London-based trading firm's 2025 profits. This figure represents approximately £2.5 million earned daily throughout the year, surpassing his previous record of £682 million in 2024.
XTX Markets' UK entity reported a 44% increase in revenues to £3.93 billion for 2025, with after-tax profits rising 33% to £1.71 billion. The firm, which employs around 250 people, generated about £6.84 million in profit per employee. Gerko, holding approximately 75% ownership, directly benefited from the firm's strong performance. XTX Markets distributed £1.8 billion in dividends during 2025, with further payouts totaling £592 million in early 2026. The company also contributed approximately £580 million in corporation tax to the UK government.
XTX Markets operates as an algorithmic trading firm, utilizing machine learning and high-speed computing to execute trades across equities, foreign exchange, fixed income, and commodities, handling around $250 billion in daily volumes. The firm's significant earnings in 2025 were attributed to a volatile market environment influenced by tariff escalations, geopolitical tensions, and shifting central bank policies.
Beyond trading, XTX has cultivated a substantial investment portfolio in AI and technology companies, valued at £262.3 million by the end of 2024, an 80% year-over-year increase. Gerko's personal wealth is estimated to be between $13 billion and $17 billion. He has also committed over £350 million since 2020 to educational initiatives, including the Axiom Maths program.