He has been dubbed “king of the geeks” because his firm’s computer science expertise and sophisticated algorithms give it a lucrative edge when trading billions of dollars every hour. It remains small, however, employing only 250 people.
The move underlines the battle by tech firms to lure the most talented software engineers and mathematical minds. Mark Zuckerberg’s Meta reportedly offered one tech worker $US1 billion to join his AI team at the tech giant, but the offer was turned down.
The position is based four days a week in XTX’s New York offices.Credit: Bloomberg
Software engineers in Silicon Valley are also earning hundreds of thousands of dollars as tech companies try to gain an edge in the AI race.
According to XTX, its interns will “pioneer the future of algorithmic trading” in an “academia-like” workplace, where they can take their research and turn it into services used by traders.
“This direct pipeline from research to implementation establishes [the research labs] as a premier destination for those looking to make a significant impact in the financial sector through original machine learning research,” according to the job spec.
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Top-performing interns will be “actively considered” for permanent roles in New York or London.
XTX said it was looking for students pursuing a doctorate in computer science, electrical engineering, mathematics or a similar field with “a proven publication record” in AI.
Gerko has said he is “happy to pay a ton of taxes”, but has criticised the government’s management of public finances.
“What on earth is this government doing with taxpayer money?” he said after the Chancellor cut capital gains tax allowances.
Telegraph, London
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