BitMEX brings Bill Beller as Head of Trading for next stage of development

Rick Steves

Bill Beller brings unique expertise to his new role at BitMEX, including risk management, building trading infrastructure, and managing equities and derivatives investments across global capital markets.

BitMEX has appointed Bill Beller as Head of Trading, where he will be in charge of spearheading the company’s trading strategies and expanding the BitMEX trading team and its capabilities.

The crypto exchange operator is growing at a very fast pace as it pursues its ‘Beyond Derivatives’ strategy with the upcoming launch of five business segments: Spot, Brokerage, Custody, Information Products, and Academy.

Head of Trading for next stage of development

Formerly a Managing Director at Greenville Advisory for nearly five years, where he helped FinTech start-ups launch crypto exchange platforms and meet evolving regulatory requirements, Bill Beller brings unique expertise to his new role at BitMEX, including risk management, building trading infrastructure, and managing equities and derivatives investments across global capital markets.

Bill Beller, Head of Trading at BitMEX, said: “BitMEX is fast reaching the next stage in its transformation, and it’s the perfect time for me to have joined this very dynamic and talented group of people. I’m looking forward to working with the team to enhance the BitMEX ecosystem by developing effective strategies that enhance the platform’s trading experience.”

Prior to his five years at Greenville Advisory, Bill Beller was Managing Director – Head of Equities for Sberbank CIB and Managing Director, Head of EEMEA Equity Derivatives Flow Trading at UniCredit.

Alexander Höptner, Chief Executive Officer at BitMEX, commented: “I’m delighted to welcome Bill as our new Head of Trading. His track record and level of expertise is outstanding, and our next stage of development will benefit from his extensive experience in delivering robust investment strategies.”

‘Beyond Derivatives’ strategy taking shape

An entity owned by BitMEX CEO Alexander Höptner and CFO Stephan Lutz have agreed to acquire Bankhaus von der Heydt, an historic bank located in Munich, Germany, im a deal deal that is subject to approval by BaFin.

The plan is to create a regulated crypto products powerhouse in Germany, Austria, and Switzerland, as BitMEX strengthens its position in Europe.

The historic German bank is already a leader in the application of blockchain technology and offers a range of digital assets banking services. In addition to providing secure custody of crypto assets, Bankhaus von der Heydt offers solutions for tokenization, enabling efficient payment transactions, and providing regulatory secure market access.

The crypto exchange has recently appointed several executives as part of an ongoing reshuffle amid the revamped mission of the cryptocurrency specialist, which includes several new business lines.

To that effect, BitMEX appointed Raphael Polansky as Chief Operating Officer (COO) and Marcus Hughes as Chief Risk Officer (CRO) last week.

Rupertus Rothenhaeuser was hired as the firm’s Chief Commercial Officer (CCO) to spearhead the crypto exchange’s ‘Beyond Derivatives’ strategy, the firm’s plan to expand into spot, brokerage, custody, information products, and establish the BitMEX Academy.

Rupertus Rothenhaeuser will be in charge of developing the exchange’s global client relationships, overseeing the commercial success of its expanding range of products, and growing BitMEX’s market share in the hyper-competitive crypto space.

Ivo Sauter was appointed to lead Switzerland-based BitMEX Link and its mission to bring about spot, structured products, and OTC trading.

Read this next

Institutional FX

Fiserv secures major payment institution licence in Singapore

Brookfield-based financial services technology provider Fiserv Inc has obtained nod for a Major Payment Institution license in Singapore.

Institutional FX

Finalto expands NDFs line-up with Taiwanese dollar

Finalto announced today that it has expanded its non-deliverable forwards (NDFs) offering with the addition of Taiwan’s dollar to its trading platform.

Opinion

It’s time for FX to Harness Crypto’s Potential

Jonathan Cumberlidge, FX Sales Director for BVNK, makes the case for cryptocurrencies in improving the efficiency and flexibility of foreign exchange trading.

Digital Assets

Owner of OptionMint, OptionKing, and OptionQueen gets 30 months in prison

A US federal judge has sentenced Ohio resident Jared Davis, who was found guilty for his participation in a multi-million fraud scheme carried out by Israeli-run binary options websites.

Executive Moves

iS Prime co-founders Raj Sitlani and Jonathan Brewer leave, but “business as usual”

“For our clients and teams at iS Prime, iS Risk and iS Prime Hong Kong, it is business as usual. We will be increasing our investment in our technology and staff, putting our clients first as we drive the business forwards to maintain our market leadership position.”

Digital Assets

Germany-focused DekaBank taps METACO for digital asset custody offering

“Digital assets are a critical part of the future, a radical new way for how assets will be represented, from currencies to real estate.”

Technology

Eventus launches AML solution for TradFi and digital asset space

“Firms operating in traditional financial markets and digital assets alike are facing greater challenges than ever to protect themselves from those presenting a risk to their businesses and reputations, along with their standing with government regulators.”

Industry News

Qomply launches direct-to-FCA trade report solution that bypasses ARM

“Certainly, for back-reporting large volumes of data, QomplyDirect removes extra ARM fees by offering the flexibility of sending reports directly to the FCA via a firm’s own infrastructure.”

Executive Moves

BNP Paribas AM appoints Geoff Dailey as Deputy Head of US Equities

“Geoff has more than 20 years’ experience in the industry and as a key, senior member of the team with a strong investment pedigree and leadership profile, he is the natural successor for Pam.”

<