GSA split amicable, Gerko says

Individual partners may take share in new venture, XTX

mathematics
XTX refers to the building block of linear regression

GSA Capital's head of FX trading, Alex Gerko, says his decision to spin out of the hedge fund and set up a proprietary market-making firm is the result of months of planning and the venture has the full support of GSA, with individual partners considering taking a share in XTX.

In an exclusive interview with FX Week, Gerko explains the main reason behind the decision is the change in organisational structure that will allow XTX to take a more long-term view and operate with a permanent capital

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