FTX US Derivatives Announces Membership Leaders in Three Main Areas: Gold Exchange, Cryptocurrency and Legalization

FTX US Derivatives (formerly LedgerX) are exchange-traded and regulated by the US CFTC. It has obtained three compliance licenses from the CFTC: the Trade Regulatory Commission (DCM), the Derivatives Clearing Organization (DCO) and the Swap Execution Facility (SEF). And as early as 2017, we started crypto derivatives contracts, and in 2019 we launched a Bitcoin mini-contract, allowing ordinary investors to invest in Bitcoin with little.

FTX US Derivatives announced its board membership on the 19th. Members come from a variety of backgrounds, including traditional finance, crypto finance, and governance.

The chairman of the board is Larry E. Thompson, former chairman of the board of LedgerX, who worked on Wall Street for more than 30 years and held senior positions in various Chinese organizations with a consultant. Prior to serving as Chairman of the Board of LedgerX, Larry E. Thompson was Vice Chairman of Depository Trust Corporation DTCC.

Larry E. Thompson said, “FTX is one of the largest and most promising companies in the industry and it is an honor to be part of and co-chair FTX US Derivatives. Throughout my career, I have clearly understood the importance of working with management not only to protect investors, but also to grow the business for a long time.

Other FTX US Derivatives Members

The role of the FTX US Derivatives Board is to facilitate the exchange of long-term strategies, further enhance the development of FTX US Derivatives in the US market, and integrate its leadership role.

In addition to Larry E. Thompson, other members include:

Joe Keefer, Trader de Grapefruit Trading

Jerome Kemp, President of Baton System, the world's largest synchronous clearing platform

Bryan Bishop, Chief Technology Officer, Avanti Financial Group, digital finance company

Bart Smith, Global Marketing Manager of Susquehanna International Group, a multinational fintech

Keisha Tswb, Managing Director, DTCC, Depository Trust Company

Zach Dexter, PDG de FTX US Derivative

Lucas Moskowitz, Vice President of Robinhood

Mark Wetjen, Director of Policy, FTX US

Zach Dexter, CEO of FTX US Derivatives, believes that the Board of Directors has brought together experts from various disciplines and backgrounds to help FTX US Derivatives gradually comply with environmental regulations and gain a foothold in the financial industry.

Zach Dexter concludes: FTX US Derivatives board members are more confident in the development of FTX US Derivatives because they are experts in a wide range of financial management and administration. Our goal is to enhance FTX US Derivatives with the latest features while maintaining relationships with regulators to further benefit consumers and investors.