Source: XTX Markets
XTX Markets today announces that Zar Amrolia will join the firm as co-CEO with Alex Gerko. Amrolia joins from Deutsche Bank where he worked for the past 10 years, most recently as co-head of FICC and Head of Digitisation. Previously he had been a Partner Managing Director in Goldman Sachs.
XTX Markets is a London-based independent electronic market-making business operating in the FX, listed derivatives and equities markets. A recent spin-off from GSA Capital, the company is the leading non-bank liquidity provider in spot FX, with a strong positon in its other asset classes and aggressive expansion plans.
Alex Gerko, CEO says, “I am delighted to have Zar join XTX. He is an industry veteran who has added considerable value to the FX and fixed income markets during his career. Additionally we are both keen advocates of utilising technology to benefit the market ecology and increase transparency and efficiency for the end-user. I look forward to working with Zar in the non-bank market making arena and driving our business forward to the next level.”
Amrolia will start at XTX Markets in early October.