FTX Exchange is owned by FTX Trading LTD, based in Antigua and Barbuda. FTX is a cryptocurrency derivatives trading platform built by traders, for traders. FTX Exchange is committed to building a robust platform that is intuitive for both professional trading firms and first-time users.

FTX was incubated by Alameda Research, a premier liquidity provider in the digital asset space. Thanks to Alameda Research, FTXs liquidity has been on par with industry leaders since its inception.

FTX Exchange Products

Contracts

Quarterly and perpetual contracts are the most important products on FTX. We have designed a revolutionary contract engine that brings a new level of sophistication to the industry.

Our **automatic liquidation mechanism** and **liquidity matching mechanism** bring a “three-tier liquidation model” to the platform. This model handles margin call notices and prevents the potential for cascading liquidations. Our centralized margin wallet streamlines FTX trading and increases transaction efficiency. Additionally, FTX has launched USDT, BNB, and LEO contracts that were previously unavailable in the market.

We have also launched index contracts that allow users to trade across various segments of the cryptocurrency ecosystem simultaneously, including major altcoin indexes, platform token indexes, and Dragon Index.

Leveraged Tokens

FTXs leveraged tokens provide a simple, automated way to use leverage in trading. Our bull and bear tokens automatically adjust their exposure, automatically preserving the target and avoiding liquidation.

Leveraged tokens allow you to trade without constantly monitoring your margin and risk. Whats more, they are ERC20 tokens, so you can trade and withdraw them at any time, on any of your favorite platforms.

MOVE Contracts

FTX offers a unique way to trade options through its industry-first MOVE contracts. MOVE contracts are settled on the absolute amount of BTC movement in a given time frame, allowing users to trade on the magnitude of Bitcoins price movement, regardless of direction.

OTC

FTX has a robust OTC platform powered by Alameda Research. Clients can get quotes and transfer 20+ coins instantly. No fees are required.

FTT Platform Token

FTT is the utility token of the FTX ecosystem. Traders holding FTT enjoy several benefits, including:

Weekly buyback and burn

FTX trading discounts

OTC rebate

Margin for contract trading

Shared profits from the platforms revenue

FTX Exchange Core Team

Sam Bankman-Fried: Co-Founder & CEO

Before founding Alameda, Sam was an international ETF desk trader at Jane Street Capital. He traded a wide variety of ETFs, futures, currencies, and equities, and designed automated OTC trading systems for Jane Street. He graduated from MIT with a degree in Physics.

Gary Wang: Co-Founder & CTO

Before founding Alameda and FTX, Gary was a software engineer at Google. He developed pricing aggregation and serving systems for Google Flights, reducing latency and memory usage by over 50%. He graduated from MIT with a degree in Mathematics and Computer Science.

Nishad Singh: Head of Engineering

Before joining FTX, Nishad was a software engineer on the applied machine learning team at Facebook. He graduated summa cum laude from UC Berkeley with a double major in Electrical Engineering and Computer Science.

Dan Friedberg: Legal Counsel

Before joining FTX, Dan was a partner at Fenwick & West LLP. There, he led the firms cryptocurrency practice and was also the chair of the payment systems team, advising clients ranging from entrepreneurs and startups to public companies in various industries including manufacturing, consumer products and services, life sciences, gaming, and software. His expertise lies in resolving regulatory disputes. Dan holds a Juris Doctor and Master of Business Administration degrees from the University of Wisconsin-Madison, graduating with honors.

Jen Chan: CFO

Jen has over ten years of executive experience in global financial institutions including Deutsche Bank, Blackstone, KPMG, and Alter Domus. Before joining FTX in October 2018, she was the Hong Kong office head at Alter Domus. She graduated from the Hong Kong University of Science and Technology with a Bachelors degree in Accounting and is a Certified Public Accountant.

Constance Wang: COO

Constance worked at UBS in private banking AML/KYC and investment banking compliance risk control. Later, she joined Huobi Global as a business development manager, focusing on expanding Huobi Globals institutional business in the Asia-Pacific region, developing and managing strategic partnerships within the region. She graduated from the National University of Singapore with a degree in Finance.

Darren Wong: CMO

Darren was an early software engineer at Simility, an anti-money-laundering and fraud detection startup that was acquired by PayPal. He audited smart contracts for projects like Wabi. Hes also an early investor in many ICOs. He graduated from Johns Hopkins with a degree in Applied Mathematics and Economics.

Michael Burgess: Head of Partnerships

Before joining FTX, Michael was a project management consultant for a diversified energy company. There, he designed and built many risk management and financial models that are now used for all land resources owned by the company. Michael holds a Masters degree in Applied Finance from the Sydney Business School.