Turbulent markets fuel record year for Alex Gerko’s XTX
Billionaire’s trading business is one of the most profitable UK private companies
Billionaire’s trading business is one of the most profitable UK private companies

Profits split between company’s quantitative traders rose more than 70% from a year earlier

Billionaire Alex Gerko says Britain is missing out on top academic talent

Founder of XTX Markets and science enthusiast is spending tens of millions of dollars on project in Chile

Strong activity propelled by market volatility from war in the Middle East

Commodity houses reinvest bumper profits from years of volatility to cement dominance

Abu Dhabi company struck a series of deals in its first year but stumbled on $19bn bid for Santos of Australia