Bitmex appoints Angelina Kwan as COO

Today, Angelina Kwan has been appointed and designated as the COO of BitMEX, which is the leading global crypto trading platform, as per company announcements.

Kwan, is an eminent regulatory veteran in the HK region and globally who made the move from Hong Kong Exchanges and Clearing Limited as Managing Director and Head of Regulatory Compliance, will focus on guiding the company’s growth strategy. Her deep background in global finance – and her willingness to make the jump to a global crypto exchange – demonstrates the expanding domain of the crypto market and shifting focus of traditional finance. 

Angelina Kwan, BitMEX Chief Operating Officer, said: “My most memorable accomplishments — from successfully restructuring and relisting a bankrupt financial services company, spearheading the establishment of new operations or companies, to serving on a number of boards and committees — have been joining organizations that are at the cusp of making a major breakthrough, so it’s with a sense of great excitement that I take on the challenge of driving BitMEX to new market heights.”

“In addition to being a true market leader among trading platforms, BitMEX shares my value of gender inclusion, particularly in STEM fields. Cryptocurrency markets present an exciting new opportunity for women to get involved in the intersection of finance and technology, two fields in which they are chronically under-represented. BitMEX has made its commitment to meritocracy clear, and is sending the message that women with deep backgrounds in finance and business can execute at the highest level within cryptocurrency companies,”added Kwan.

Despite the crypto market downturn which began after the news of the US Securities and Exchange Commission’s (SEC) delayed decision on an ETF product approval, bitcoin has been seeing a lot of developmental activities also. This time on BitMEX (Bitcoin Mercantile Exchange) for the second time in the recent past, it hits a daily turnover of 1 million BTC again! BitMEX has also announced the launch of two derivatives products, namely, ETHUSD perpetual swaps and UPs & DOWNs to meet market demand on the back of the above-mentioned sensational news. With futures, swaps, and now options available on BitMEX, the world’s largest crypto exchange is making great strides toward offering a wealth of derivative products designed for the sophisticated crypto-coin investor and the wider industry. And, these derivatives instruments can assist in mitigating risk while ensuring liquidity. Remember, it’s not meant for trading or speculative grounds always.

Currency Strength Index: FxWirePro's hourly BTC spot index is flashing at -99 levels (which is bearish), while hourly USD spot index was at 71 (bullish) while articulating at (09:34 GMT). For more details on the index, please refer below weblink:

http://www.fxwirepro.com/currencyindex