Algo Trader Shares $3 Billion Payday Amid XTX Earnings Rise

Billionaire Alex Gerko and other shareholders of his algorithmic trading firm XTX Markets are sharing a windfall of about $3 billion through one of the world’s biggest market-making businesses.

The London-based firm paid a record dividend of £2.2 billion ($3 billion) to its parent company in 2025, roughly double the amount from a year earlier, according to UK registry filings made public Friday. The distribution coincides with XTX’s earnings rising on higher revenue from proprietary trading as well as market-making activities.

Gerko is in line to receive a payout of more than £1.5 billion as the majority shareholder of XTX, ...