An Audience With

XTX’s Zar Amrolia: Why ‘Terminator’ robots will never replace human traders

FN’s 2022 Trading and Tech Outstanding Contribution award winner reflects on his decades-long career and how maths helped XTX Markets beat its giant rivals

'Really smart' quants are still leading the way in trading, says co-CEO Amrolia
'Really smart' quants are still leading the way in trading, says co-CEO Amrolia Photo: Danilo Agutoli for FN

Zar Amrolia started off as a quant at JPMorgan in 1988 when he was in his mid-20s. He drifted into trading and sales, with stints at Credit Suisse and Goldman Sachs, rose to the head of currency trading at Deutsche Bank and eventually became co-chief of XTX Markets.

Amrolia will step down in early 2023. Soon to join as deputy CEO will be Hans Buehler — a quant from JPMorgan. “Life has come full circle,” Amrolia jokes.

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