FinanceMagnets
Published on 2026-04-13 | 2 hours ago
After More Than a Decade at XTX Markets, CTO Joshua Leahy Steps Down, Also as Director
XTX Markets Chief
Technology Officer Joshua Leahy has left the firm, the company confirmed in an
email to Finance Magnates. The departure ends more than a decade at the
quantitative trading firm.Singapore
Summit: Meet the largest APAC brokers you know (and those you still don't!).He has also stepped
down as a director of XTX Markets Limited. A Companies House filing shows his
directorship ended on 30 March 2026, with the filing recorded today (Monday).Founded in 2015, XTX
Markets has grown into one of the world’s largest algorithmic trading firms. It
handles about
$250 billion in daily trading volume across 35 countries. The company
employs more than 250 people globally. It has expanded beyond its original
focus on foreign exchange into equities, fixed income, commodities, and
cryptocurrencies.XTX Confirms Leahy CTO ExitThe company confirmed
that Leahy has exited his CTO role. The filing and confirmation together
indicate his full departure from the firm. Alex Gerko, CEO of XTX Markets, commented
on the exit, saying: “Leahy has informed us of his decision to leave the firm.
We are grateful to Josh for his outstanding contribution to XTX since its
inception.”Leahy previously
served as a senior technology executive at XTX Markets. He worked on building
and scaling its machine-learning-driven trading infrastructure and engineering
systems.XTX Earnings Rise
on Volatility GainsXTX Markets reported
higher earnings for 2024, supported by increased market volatility and
continued expansion of its trading operations. The company’s three
main UK entities generated combined revenue of £2.74 billion in 2024, up from
£2 billion in 2023. Net profit rose to £1.28 billion, compared with £835
million in the previous year, according to company filings.XTX Technologies
accounted for the largest share of revenue at £2.04 billion. XTX Markets
Trading Limited reported £636 million, while XTX Markets Limited contributed
£61 million.The company also
reported higher staff compensation at its main UK entity, with average pay
rising compared with the previous year.
This article was written by Tareq Sikder at www.financemagnates.com.
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