CoinFLEX (Coin Futures and Lending Exchange) is the world’s first physically delivered cryptocurrency futures exchange, developed to provide avenues for investors to hedge cryptocurrency exposure with zero index or settlement manipulation risk. We aim to resolve the settlement issues associated with cash-settled Bitcoin futures, provide high-leverage methods to hedge exposure to Bitcoin and other cryptocurrencies, and offer spot exchange order books. We are focused on the Asian professional retail trader market, as well as the commercial hedging market, including mining firms, OTC trading desks, and global proprietary trading firms.
CoinFLEX is the trading name of Liquidity Technologies Ltd., a company incorporated under the International Business Companies Act of 2016 of the Republic of Seychelles.
In a “physically delivered” contract, you get the underlying asset at settlement. So, if you’re trading BTC, you get BTC. This is different than most crypto derivative exchanges, which typically offer a “cash settled” price difference that’s open to manipulation and based on 3rd party exchanges’ index price.
Though more than 95% of traditional futures (gold, silver, etc.) are physically delivered, perpetual swaps are currently a popular instrument in crypto. They are a cash settled future that auto-rolls every user’s position and uses spot markets to imply a funding rate to keep the contract in line with spot. These cash settled futures have huge manipulation problems, hidden costs, and any long-term form of trading. Physical delivery resolves these problems since it facilitates a more pure arbitrage mechanism between the contracts and the underlying spot markets. CoinFLEX is proud to be the first physically delivered futures exchange and solve these problems for the crypto economy.
Mark is CEO of CoinFLEX and a longtime advocate for physically delivered futures over cash settlement as a way to prevent manipulation. Mark’s vision for crypto derivatives is to grow the industry beyond speculation into real commercial use for lending, borrowing, hedging and payments. Mark Lamb has been in bitcoin since 2012 and previously co-founded Coinfloor, the UK’s first cryptocurrency exchange back in 2013.
Sudhu is co-founder and Chief Risk Officer of CoinFLEX. He has over 20 years of derivatives trading and risk management experience from banks, hedge funds and crypto exchanges across Europe and Asia. He comes primarily from a fixed income and equity derivatives background before finding a passion for cryptocurrencies.
James is Chief Technology Officer of CoinFLEX and brings a wealth of experience from 20 years in the hedge fund and investment banking world, specialising in high-frequency equity trading across all global markets. He worked on the pioneering algorithmic trading desk at UBS in 2000 and was a founding member of the IVC Capital high-frequency trading Hedge Fund group. He has been passionately working with cryptocurrency technology for a number of years.
Ket Patel is a creative technologist bringing over 17 years trading platform and brand design experience to CoinFLEX from previously working with the worlds top tier one investment banks, best performing hedge funds and a wide range of retail trading brokers. Ket’s goal is to build a consistent and intuitive customer experience across all CoinFLEX platforms and ultimately be best in class within the crypto derivatives space.
Trading Technologies (TT) pioneered electronic futures trading back in the 1990s and played a pivotal role in facilitating the shift of futures trading from the pits to the screen. They currently maintain the accolade of being the world’s fastest commercially available futures trading platform. Now, they are working to make a similar impact on the cryptocurrency trading markets. TT is the first independent software vendor (ISV) to bridge the cryptocurrency markets with the futures markets, providing their customers with the ability to trade both spot and derivative markets side by side. TT are a key shareholder in CoinFLEX. TT assists us in providing our users with professional cryptocurrency trading functionality on their white-label, customizable workspace while also offering access to sophisticated algorithmic trading tools.