Phemex CEO Explains Spot Trading Vs. Derivatives Trading — and More!

On June 17th, Phemex co-founder and CEO Jack Tao participated in a live “ask me anything” session on Cointelegraph’s YouTube channel. The discussion explored trading the spot market versus trading the derivatives market — and much more. 

The audience also asked about why crypto finance is different from traditional finance, what it takes for a blockchain project to get listed on an exchange, and how Phemex is separating itself from other exchanges with its zero-fee spot trading membership. Click here to watch the full discussion!

11 year vet

Tao is an 11-year veteran executive from Morgan Stanley, where he worked as the MSET BXS global development leader. His primary area of expertise is in building high throughput, low latency, large scale algorithm trading platforms both in C++ and Java. His extensive background in traditional finance gives him a unique perspective on how the crypto market is differentiating itself from traditional finance.

Phemex is a cryptocurrency exchange led by 8 former Morgan Stanley Executives. Headquartered in Singapore, Phemex launched in November 2019 and is one of the fastest-growing exchanges in the industry.

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