Home Artificial Intelligence Math Whiz Trades Stock Markets Without Humans to Make $700 Million Fortune

Math Whiz Trades Stock Markets Without Humans to Make $700 Million Fortune

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XTX, which is expanding beyond Europe and building a presence in the United States, reported 2018 profit of $153.4 million, more than double from a year earlier.  It is reported that these profits were generated by trading without humans!

 

The firm’s success has given the founder Gerko a fortune befitting a tech entrepreneur. His net worth is $700 million, according to calculations by the Bloomberg Billionaires Index.