EDX sees changes at the top
02 December 2024 US
Image: Prompt2image.stock.adobe.com
EDX Markets, a digital asset technology firm that combines an institution-only trading venue with a central clearinghouse, has announced that current CEO, Jamil Nazarali, has been appointed as executive chair of the EDX board and will be replaced as CEO by Tony Acuña-Rohter.
In their new role, Nazarali will work closely with EDX’s board of directors and executive management team to provide guidance and strategic direction to support the company’s continued growth and performance.
Acuña-Rohter previously served as EDX’s CTO, leading technology and information security operations since joining in 2022.
Acuña-Rohter also leads EDX Clearing, the firm’s central clearinghouse company. Prior to EDX, Acuña-Rohter was CTO of ErisX, part of Cboe Digital.
Commenting on his appointment, Acuña-Rohter says: “I am honored to lead EDX as we approach a new era in digital asset trading.
“EDX brought a new and more efficient trading structure to digital asset markets through our central clearinghouse and technology. We have reached the point where volumes are attracting ever more clients and activity. I am excited to continue working with Jamil and the world-class EDX team to drive our next phase of growth and development, and further strengthen our position as the primary venue for institutional digital asset trading and clearing.”
Nazarali adds: “I am proud to have led EDX through its initial start-up phase and to have built such a strong team of leaders and operators across the firm.
“EDX promptly reached significant volumes and has seen a growing client base and strong institutional and retail flows since launch. Now is the right time to transition operational responsibilities to a new generation of leaders. Tony has been an excellent partner since the day he joined and I have the utmost confidence in his abilities to continue our momentum and capitalise on significant new market opportunities for which EDX is uniquely positioned.”
In their new role, Nazarali will work closely with EDX’s board of directors and executive management team to provide guidance and strategic direction to support the company’s continued growth and performance.
Acuña-Rohter previously served as EDX’s CTO, leading technology and information security operations since joining in 2022.
Acuña-Rohter also leads EDX Clearing, the firm’s central clearinghouse company. Prior to EDX, Acuña-Rohter was CTO of ErisX, part of Cboe Digital.
Commenting on his appointment, Acuña-Rohter says: “I am honored to lead EDX as we approach a new era in digital asset trading.
“EDX brought a new and more efficient trading structure to digital asset markets through our central clearinghouse and technology. We have reached the point where volumes are attracting ever more clients and activity. I am excited to continue working with Jamil and the world-class EDX team to drive our next phase of growth and development, and further strengthen our position as the primary venue for institutional digital asset trading and clearing.”
Nazarali adds: “I am proud to have led EDX through its initial start-up phase and to have built such a strong team of leaders and operators across the firm.
“EDX promptly reached significant volumes and has seen a growing client base and strong institutional and retail flows since launch. Now is the right time to transition operational responsibilities to a new generation of leaders. Tony has been an excellent partner since the day he joined and I have the utmost confidence in his abilities to continue our momentum and capitalise on significant new market opportunities for which EDX is uniquely positioned.”
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