Alex Gerko: Biography, career and stock trading strategy
Alex Gerko is a British entrepreneur and billionaire, the founder of XTX Markets, the largest provider of liquidity for exchange trading in the foreign exchange market.
That is, the company's main activity is not independent trading on the exchange, but assistance in conducting transactions for large banks, investment funds and stockbrokers .
The company's operations are supported by over 200 employees worldwide, with daily turnover in the region of US$250 billion.
At the same time, XTX Markets is also one of the most profitable trading companies in the world, with profits in excess of 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 to a family of mathematicians and engineers, so it is not surprising that he showed an interest in the exact sciences from childhood.
The foundation of his successful career was a strong education. Alexander graduated from three prestigious universities: Moscow State University, the Independent Moscow University, and the Russian School of Economics. He also defended his PhD thesis in physics and mathematics.
He put his acquired knowledge to practical use at the prestigious financial institution Deutsche Bank, where he worked for approximately five years until 2009 as a stock market trader. He then continued his career at the hedge fund GSA Capital, where he focused on implementing high-frequency trading algorithms in the forex market.
After ten years of practical experience, Alex Gerko decided to start his own business and founded the trading company XTX Markets. He put the experience he gained from his previous job to good use.
Gerko is one of the most successful financiers in the world. His net worth is estimated at $11 billion as of 2023. He is known for his innovative software-based trading strategy.
Stock trading strategy
Alex Gerko uses a modern stock trading strategy based on algorithms and machine learning. His strategy is based on the following principles:
- Using big data for market analysis.
- Speed of decision-making and opening of deals
- Using algorithms to make trading decisions.
- Using machine learning to improve trading performance.
In other words, the actual work of market analysis is performed not by humans, but by programs specifically designed for trading. Therefore, copying a strategy is impossible; to do so, you simply need the necessary software and equipment.
The existence of such a strategy proves that the use of advisors in stock trading is entirely justified; the main thing is to find or create a good advisor that trades using the correct algorithm.
Alex Gerko believes his approach to stock trading allows him to generate stable profits with minimal risk, as it virtually eliminates the human factor and emotional influence when making investment decisions.
