Cboe ex-Head of Equity Options Joins Cryptocurrency Firm AlphaPoint
- Kapil Rathi will lead the firm's trading and exchange business
The flow of executives from the traditional, institutional financial world to the cryptocurrency ecosystem is continuing unabated. On Friday, AlphaPoint - a company that tries to make illiquid assets liquid through blockchain technology - announced that it has appointed Kapil Rathi, options Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term Cboe's former Head of Equity Options, as Global Head of Trading Markets.
Rathi has an array of experience in both the technology and financial sectors. His career started way back in 1995, when this author was but a lad, at technology company Aithent.
After spending a couple of years with the firm, he moved on to the American behemoth that is AT&T. Working as a Senior Project Manager, Rathi stayed at the firm for over five years.
It was after his time there that he got his start in the financial world as he moved to the New York Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term in 2004. During his brief stint with the exchange, Rathi helped develop its first matching engine.
From ISE to Cboe
Likely as a result of that work, he moved on to options exchange ISE - a company that was acquired by Nasdaq in 2016. Rathi spent ten years at the firm as Head of Product Management.
In 2015, Rathi moved to BATS Global Markets - a stock exchange operator - where he was SVP and worked on Options Business Strategy. After BATS was acquired by Cboe in 2017, Rathi became Head of Equity Options.
He held that position until this month, when, as noted, he moved to AlphaPoint. According to a statement released by the cryptocurrency firm, he will “will lead and manage its trading and exchange business.”
“Kapil is an incredible market structure expert with deep understanding of regulated securities industry and has played leadership roles in the development of multiple options exchanges,” said Salil Donde, AlphaPoint CEO. “As AlphaPoint continues to develop technology to help firms bring new financial products to market, we are thrilled to have Kapil on board and know that his experience and leadership will support our growth and ongoing innovation.”
The flow of executives from the traditional, institutional financial world to the cryptocurrency ecosystem is continuing unabated. On Friday, AlphaPoint - a company that tries to make illiquid assets liquid through blockchain technology - announced that it has appointed Kapil Rathi, options Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term Cboe's former Head of Equity Options, as Global Head of Trading Markets.
Rathi has an array of experience in both the technology and financial sectors. His career started way back in 1995, when this author was but a lad, at technology company Aithent.
After spending a couple of years with the firm, he moved on to the American behemoth that is AT&T. Working as a Senior Project Manager, Rathi stayed at the firm for over five years.
It was after his time there that he got his start in the financial world as he moved to the New York Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term in 2004. During his brief stint with the exchange, Rathi helped develop its first matching engine.
From ISE to Cboe
Likely as a result of that work, he moved on to options exchange ISE - a company that was acquired by Nasdaq in 2016. Rathi spent ten years at the firm as Head of Product Management.
In 2015, Rathi moved to BATS Global Markets - a stock exchange operator - where he was SVP and worked on Options Business Strategy. After BATS was acquired by Cboe in 2017, Rathi became Head of Equity Options.
He held that position until this month, when, as noted, he moved to AlphaPoint. According to a statement released by the cryptocurrency firm, he will “will lead and manage its trading and exchange business.”
“Kapil is an incredible market structure expert with deep understanding of regulated securities industry and has played leadership roles in the development of multiple options exchanges,” said Salil Donde, AlphaPoint CEO. “As AlphaPoint continues to develop technology to help firms bring new financial products to market, we are thrilled to have Kapil on board and know that his experience and leadership will support our growth and ongoing innovation.”