Phemex's founders felt that something was missing in the cryptocurrency industry. As both traders and professional investors, they realized that crypto companies lacked in professionalism, trust, and customer support. This is why Phemex was created with the goal of becoming a dependable company that constantly gives back to its users and its community. We work together every day to create a platform that allows people to make transactions with efficiency, simplicity, and more importantly, trust.
Pheme (Fama) is the personification of fame and of the public's voice in Greek mythology. While MEX stands for mercantile exchange. This name was chosen to highlight our vision and our dedication to stand as the most trustworthy trading platform.
In order to unlock blockchain's full potential to empower individuals that lack access to traditional financial tools, exchange platforms must step up to provide these services instead. Our mission is to become the world’s most trusted cryptocurrency derivatives exchange. We aim to offer contracts backed not only by crypto assets, but also by traditional financial products such as stock indexes, interest rates, forex, agricultural commodities, metals, and energy. Our service must enable users to trade with both ease and trust. We are committed to bridging the gap between cryptocurrencies and traditional finance by simplifying and lowering the entry barrier for new traders through a "User-Oriented" approach.
Led by 8 former Morgan Stanley Executives, Phemex's goal is to build the worlds most trustworthy cryptocurrency derivatives trading platform. We leverage a “User-Oriented” approach to develop far more powerful features than any existing exchange.
Above all, we place customers first. All of our features and tools are designed with this philosophy in mind. This is why our development team is directly available and constantly gathering feedback, comments, and requests from our community on social media.
In help you manage risk and increase success, we allow the trading of crypto contracts backed not only by crypto assets, but also by traditional financial products such as: stock indexes, interest rates, FOREX, commodities, metals, energy, and more.
Safety is also one of our top concerns. We have built our own Hierarchical Deterministic Cold Wallet System. It assigns an independent deposit address to each user so that all assets are kept in cold wallets. Bitcoin collections and transfers are all conducted via offline signatures with rigorous human scrutiny.
Jack, our CEO, is an 11-year veteran executive from Morgan Stanley, where he worked as the MSET BXS global development leader before departing to co-found Phemex. Jack's primary area of expertise is in building high throughput, low latency, large scale algorithm trading platforms both in C++ and Java. He is also an expert on q/KDB+. Jack has been enthusiastic about blockchain technology and cryptocurrencies since 2016. He is both devoted and determined to create a revolutionary cryptocurrency trading platform with the eventual goal of developing a new economy for global users.
Yang has been working in the financial industry for 12 years. He has worked as the leading system architect for HKEX, and as a core developer for Morgan Stanley and Ericsson. His areas of expertise include research & design of algorithmic and strategic trading systems, ultra-low latency matching engines, and market data systems. Yang strongly believes that technology is meant to improve and simplify our lives. This is why he is motivated to make Phemex as accessible and intuitive as possible.
Cecilia joined Phemex in 2019 as its Head of Marketing. Prior to this, she served as the CEO of J.C.Moritz for 7 years. This marketing research firm is well-established in the areas of Private Equity and Venture Capital. In addition, it has also served other top global management consulting firms and Fortune 500 clients. Cecilia is a proven professional with 10 years of executive experience in creating, developing, and managing both businesses and teams while aggressively generating growth.
Federico is a Ph.D. candidate at Fudan University. His research specializes in cyberwarfare and the intersection between conventional concepts of national security and new technologies. Federico first encountered Phemex while researching the prospective role of cryptocurrencies in the international community. Soon after, he joined the team as a consultant. Federico possesses working and academic experience in Europe, Russia, and China. He is eager and excited to be a part of what he believes will be a fundamental shift in transnational relations and the global economy.