HONG KONG--(BUSINESS WIRE)--GSR, the global leader in digital asset trading and market making, today announced strategic additions to its trading leadership team, naming Aman Bhalla as Director of Trading Operations and Meng Hwee Neo as Director of Trading, Asia.
Mr Bhalla and Mr Neo are the latest institutional traders and business leaders to join the GSR team, composed of former executives from institutions such as Goldman Sachs, TwoSigma and Tower Research. They bring extensive expertise in traditional financial markets, namely commodities and derivatives, essential for GSR’s continued development of institutional-grade products and market-making services for the digital asset space. GSR trading volume so far this year has already surpassed its total for all of 2019.
As Director of Trading Operations, Mr. Bhalla will oversee all aspects of GSR’s Trading Operations functions including assisting the business to support new products, focusing on credit risk and helping to expand the firm’s back and middle office functions. Prior to joining GSR, Mr. Bhalla held the position of Commodities Business Manager in Europe at Citadel. He has also served as Head of Financial Operations (EMEA) at Mercuria Energy Trading S.A, and Vice President at Goldman Sachs, managing its Commodities Middle Office team.
“We’re committed to adding the sharpest talent from traditional finance as we continue to help build a mature digital asset marketplace,” said Cristian Gil, Co-Founder. “Aman and Meng Hwee’s extensive experience at some of the world’s most respected financial institutions will help pave the way for further growth and ensure that we continue to meet the needs of an increasingly sophisticated investor base.”
“I’m excited to join the GSR team at a key point in the evolution and institutionalization of the digital asset market,” said Mr. Bhalla. “More than ever, crypto asset investors need tailored products to satisfy specific risk appetites and regulatory requirements. I look forward to working with our team to ensure a robust, professional, and efficient trading operation.”
In his new role as Director of Trading for Asia, Mr. Neo will manage and expand GSR’s regional trading relationships and implement trading strategies tailored to regional and country-level needs and trends. Mr. Neo previously served as a Senior Equity Derivatives Trader at United Overseas Bank (UOB), Southeast Asia’s third largest bank by total assets. At UOB he specialized in managing exotic derivative portfolios. Mr. Neo has also worked as Head of Risk and Global Markets at Levitas Capital, a Quantitative Risk specialist at CIMB, and a Business Analyst at JPMorgan Chase.
“Asia has long held a position of importance in digital asset markets, especially for exchanges and institutional investors interested in expanding their exposure to this rapidly growing asset class,” said Mr. Neo. “I look forward to further expanding GSR’s footprint in the region.”
GSR, founded in 2013, is the global leader in digital asset trading and market making. We specialize in providing liquidity, risk management strategies and structured products to sophisticated global investors in the digital assets industry. Our leadership team of veteran finance and technology executives from Goldman Sachs, Two Sigma, Citadel, IBM and Oracle, among others, has created one of the world’s fastest, most robust and transparent digital asset trading systems.
GSR works with token issuers, traders, investors, miners, and more than 30 cryptocurrency exchanges around the world. As a founding member of The Association for Digital Asset Markets (ADAM), GSR is also a leader in establishing and maintaining industry standards and protocols to support the healthy development and evolution of the global digital assets industry. To learn more about GSR, please visit: www.gsr.io