XTX Markets’ Alex Gerko loses quant trader payouts tax case at former firm GSA Capital
The total size of the tax bill is estimated at £22.5 million (USD $29 million).
The total size of the tax bill is estimated at £22.5 million (USD $29 million).
For the past two years Tim Throsby has been with London and New York based middle market investment firm Phoenix Merchant Partners.
XTX Markets saw a significant decline on both its top and bottom line in 2023 for its main UK business, following a record 2022.
Gabriele Papievyte was previously an Investment Associate at Canadian venture capital firm Inovia Capital.
XTX has been the largest European equities SI (systematic internaliser) by market share three years running.
Niki Beattie was Chairman of Aquis Exchange PLC from 2013-2021, acting as Chair of Aquis from start-up through to IPO.
Cboe FX ECN participants will have access to the XTX Markets Execution Algo, designed to alleviate implementation shortfall.
XTX Markets is now the largest Spot FX liquidity provider globally, and and also the largest European equities liquidity provider.
The company appointed former Deutsche Bank corporate strategy executive and LSE graduate Ekaterina Holt as Head of XTX Ventures in 2018.
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