Crypto derivatives platform ErisX has added a capital markets threat administration skilled to its C-suite, the corporate introduced Thursday.
Vindhu Singh is the agency’s first chief threat officer and can report back to Head of Eris Clearing Liz James. Singh will set the danger administration priorities for the agency’s clearinghouse enterprise roadmap in addition to handle credit score, market and liquidity threat administration.
Singh joins ErisX from quantitative buying and selling agency Hudson River Buying and selling, the place he was a enterprise operations supervisor. Previous to Hudson River, Singh was chief threat officer and director of analytics at market making agency Solar Buying and selling, which Hudson River acquired in 2018. Singh has additionally held comparable positions at Stark Investments and UBS Investments Financial institution.
“I adopted the productive yr that they had in 2019 with the launch of their digital asset markets, completion of their expertise stack and the flexibility to safe a derivatives clearing group (DCO) license,” Singh stated about his new employer in a press launch. “I sit up for becoming a member of the workforce of market professionals at ErisX and helping within the subsequent chapter of progress whereas managing the distinctive dangers related to a regulated digital asset platform.”
In December, ErisX launched bodily settled bitcoin futures contracts. Final month, the agency partnered with software program supplier Etale to supply its customers information and buying and selling merchandise.
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