XTX reports record year amid turbulent markets for trading profits

AI Summary

XTX, a trading business run by billionaire Alex Gerko, is reported to have achieved significant profitability during the turbulent market year. The company has positioned itself as one of the most profitable private companies in the UK. While specific numerical data is not provided, the context indicates a strong performance amid market volatility. This success could influence investor sentiment towards similar trading firms and the broader private equity sector.