Alex Gerko: Biography, career and stock trading strategy
Alex Gerko is a British entrepreneur and billionaire, founder of XTX Markets, the largest provider of liquidity for exchange trading in the foreign exchange market.
That is, the main activity of the company is not independent trading on the stock exchange, but assistance in conducting transactions for large banks, investment funds and stock brokers .
Its activities are carried out by more than 200 employees in different parts of the world, and daily turnover amounts to around 250 billion US dollars.
At the same time, XTX Markets is one of the most profitable trading companies in the world, with profits amounting to more than two billion US dollars in 2022.
Who is the person who created such a successful company and was able to achieve such success in just eight years of its existence?
Who is the person who created such a successful company and was able to achieve such success in just eight years of its existence?
Alex Gerko was born in Moscow in December 1979 into a family of mathematicians and engineers, so it is not surprising that since childhood he showed interest in the exact sciences.
The foundation of his successful career was a good education; Alexander graduated from three prestigious universities - Moscow State University, an independent Moscow university and the Russian School of Economics. In addition, he defended his PhD thesis in physics and mathematics.
The knowledge gained was consolidated in practice by working in such a prestigious financial institution as Deutsche Bank, where he worked for about 5 years until 2009 as a trader on the stock market. And then he continued his career at the hedge fund GSA Capital, where he was involved in the implementation of high-frequency trading algorithms in trading on the foreign exchange market.
After ten years of practical experience, Alex Gerko decided that he could start his own business and founded the trading company XTX Markets. It was here that he used the experience gained in his previous job.
Gerko is one of the most successful financiers in the world. As of 2023, his fortune is estimated at $11 billion. He is known for his innovative trading strategy using software.
Stock trading strategy
Alex Gerko uses a modern stock trading strategy, which is based on the use of algorithms and machine learning. Its strategy is based on the following principles:
- Using large amounts of data for market analysis.
- Speed of decision making and opening trades
- Using algorithms to make trading decisions.
- Using machine learning to improve trading efficiency.
That is, we can say that practical work on market analysis is performed not by people, but by programs specially created for trading. Therefore, it will not be possible to copy the strategy; to do this, you just need to have the necessary software and equipment.
At the same time, the existence of such a strategy proves that the use of advisors in stock trading is completely justified, the main thing is to find or create a good advisor that trades on the correct algorithm.
Alex Gerko believes that his approach to stock trading allows you to get stable profits with minimal risk, because with this approach the human factor and the influence of emotions when making investment decisions are almost completely eliminated.