The startup is collaborating with DigitalAssetClear, a new entity created by LCH.
Two companies will jointly offer BTC index derivatives.
Arnab Sen, the CEO of GFO-X, Source: LinkedIn
The UK's
first regulated and centrally cleared trading venue dedicated to digital asset
derivatives, GFO-X, is set to launch by the end of this year, Finance
Magnates has learned. The project is collaborating with LCH, which will
provide clearing for Bitcoin (BTC) index futures.
GFO-X to Debut Later This
Year
According
to information obtained by Finance Magnates, the FCA-licensed Global
Futures and Options Ltd plans to officially launch GFO-X services before the
end of 2024.
The GFO-X
website has been operational for some time, currently offering only basic
information about the project and the future offerings of the soon-to-launch
trading venue.
Source: GFO-X
“Built
on a robust and secure FCA-regulated platform, our products enable users to
gain market exposure in digital assets in a secure environment with certainty,
reliability, and finality,” GFO-X writes about its services. “All
GFO-X contracts are centrally cleared via LCH DigitalAssetClear to enhance
transaction security and minimize counterparty risk.”
The project
has two co-founders: Arnab Sen, who serves as the CEO of the London-based
company, and Rajesh Melwani, who holds the position of Chief Operating and
Financial Officer.
Sen has
been associated with Hong Kong-based Harbour Capital Management Limited for the
past 15 years, where he collaborated with Melwani, among others. Melwani, in
addition to his eight years at Harbour Capital, gained experience at some of
the world's largest investment banks. These include Bank of America, UBS, and
Barclays, where he held roles as Manager and Managing Director.
“Evolving
regulation will bring digital assets into mainstream finance. This transition
demands traditional market structures to solve the multiple risks currently
associated with the digital asset market,” Sen commented at the end of
2023.
LCH Is Ready to Clear BTC
Derivatives
When GFO-X
launches before the end of this year, it will become the UK's first
FCA-regulated and centrally cleared trading venue for crypto derivatives.
Corentine Poilvet-Clédière, CEO at LCH SA
One of the
main partners will be LCH, which is introducing a new segregated central
counterparty clearing service called LCH DigitalAssetClear for this purpose.
The entity reported
in April that it had already obtained the necessary regulatory approval to
clear BTC index derivatives.
“LCH
SA is excited to be working with GFO-X, together with the industry, to provide
a regulated marketplace for this asset class as we look to expand our services
as a truly international clearing house,” Corentine Poilvet-Clédière, CEO
at LCH SA, commented in April.
By the end
of last year, GFO-X had already secured £24 million ($31.5 million) to finance
its operations in a Series B round. The backing came from $435 billion asset
management firm M&G Investments.
The UK's
first regulated and centrally cleared trading venue dedicated to digital asset
derivatives, GFO-X, is set to launch by the end of this year, Finance
Magnates has learned. The project is collaborating with LCH, which will
provide clearing for Bitcoin (BTC) index futures.
GFO-X to Debut Later This
Year
According
to information obtained by Finance Magnates, the FCA-licensed Global
Futures and Options Ltd plans to officially launch GFO-X services before the
end of 2024.
The GFO-X
website has been operational for some time, currently offering only basic
information about the project and the future offerings of the soon-to-launch
trading venue.
Source: GFO-X
“Built
on a robust and secure FCA-regulated platform, our products enable users to
gain market exposure in digital assets in a secure environment with certainty,
reliability, and finality,” GFO-X writes about its services. “All
GFO-X contracts are centrally cleared via LCH DigitalAssetClear to enhance
transaction security and minimize counterparty risk.”
The project
has two co-founders: Arnab Sen, who serves as the CEO of the London-based
company, and Rajesh Melwani, who holds the position of Chief Operating and
Financial Officer.
Sen has
been associated with Hong Kong-based Harbour Capital Management Limited for the
past 15 years, where he collaborated with Melwani, among others. Melwani, in
addition to his eight years at Harbour Capital, gained experience at some of
the world's largest investment banks. These include Bank of America, UBS, and
Barclays, where he held roles as Manager and Managing Director.
“Evolving
regulation will bring digital assets into mainstream finance. This transition
demands traditional market structures to solve the multiple risks currently
associated with the digital asset market,” Sen commented at the end of
2023.
LCH Is Ready to Clear BTC
Derivatives
When GFO-X
launches before the end of this year, it will become the UK's first
FCA-regulated and centrally cleared trading venue for crypto derivatives.
Corentine Poilvet-Clédière, CEO at LCH SA
One of the
main partners will be LCH, which is introducing a new segregated central
counterparty clearing service called LCH DigitalAssetClear for this purpose.
The entity reported
in April that it had already obtained the necessary regulatory approval to
clear BTC index derivatives.
“LCH
SA is excited to be working with GFO-X, together with the industry, to provide
a regulated marketplace for this asset class as we look to expand our services
as a truly international clearing house,” Corentine Poilvet-Clédière, CEO
at LCH SA, commented in April.
By the end
of last year, GFO-X had already secured £24 million ($31.5 million) to finance
its operations in a Series B round. The backing came from $435 billion asset
management firm M&G Investments.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
KuCoin Rolls Out MiCA-Regulated Crypto Platform Across 29 EU Markets
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
