Early Life
Alexander Gerko was born on December 3, 1979, in Moscow, Russia, to a Russian Jewish family. He demonstrated exceptional talent in mathematics from a young age, participating in city-wide competitions. Gerko pursued higher education at Moscow State University, earning a Bachelor's, Master of Science, and a Ph.D. in Mathematics. He also holds a Master of Economics from the New Economic School.
Rise to Success
Gerko's career began in 2004 at Deutsche Bank in London, trading equities. He transitioned to foreign exchange (FX) trading, honing his quantitative trading skills. In 2009, he joined GSA Capital, a UK-based hedge fund, where he led FX trading. In January 2015, he founded XTX Markets, an algorithmic trading company specializing in equities, fixed income, FX, and commodities. Under his leadership as Co-CEO, XTX Markets has become a major player in global financial markets.
Key Business Strategies
Gerko's success is rooted in his expertise in algorithmic trading and strategic leadership. XTX Markets utilizes advanced algorithms and machine learning to provide liquidity and facilitate efficient trading across multiple asset classes. Gerko maintains a majority ownership stake in the company, contributing to his personal wealth. He established Cromulon Capital, a family office, in 2024 to manage his wealth and investments.
Philanthropy
Gerko is known for his philanthropic activities, especially in mathematics education. He founded the Axiom Maths charity, donating over £25 million since 2020 to support mathematics education and promote social mobility through academic excellence. XTX Markets and Gerko have contributed to humanitarian causes, including COVID-19 relief and aid for Ukraine and refugees.
