This Guy's Stock Trading Firm Is Worth Rs 5000 Crore, Has More Computer Geeks Than Finance Guys #StockTradingFirm #Sukumarbalakrishnan

When we think of trading stocks, we have quite a few places where we take guidance from to take the right financial step. However, today, another trend is seen more commonly in play -- Data Analytics that is able to give more accurate results. And Alex Gerko has applied this to make is net worth $700 million (according to Bloomberg Billionaires Index).
XTX Market’s Limited, founded by Alex Gerko takes an approach that is far from a conventional person working in financial markets. He acts more like the CEO of an enterprise in Silicon Valley. XTX in 2018 has reported a profit of 117 million GBP -- double than what it earned in 2017. The firm handles over $150 billion trades (including stocks, currencies, fixed income and commodities) every day.

XTX as a company has based its functioning on data analytics that predicts market fluctuations in every condition and acting upon the information at hand. However, what’s more astonishing is the qualification of people working in the enterprise.