CEO and Founder of BitMEX.
Arthur Hayes is the co-founder and CEO of BitMEX. After graduating with a degree in economics from the Wharton School of Business, Hayes lived in Hong Kong as an equity derivatives trader. He was the market-maker for Deutsche Bank and Citibank’s Exchange Traded Funds (ETF) businesses.
He also has extensive experience trading equity index futures, forwards, and swaps as well as non-deliverable FX forwards. Hayes brings a deep understanding of how to structure and trade financial derivatives.
BitMEX
American
Hong Kong
University of Pennsylvania, Wharton School of Business, BS in Economics and Finance - 2004-2008
University of Pennsylvania, Bachelors of Science in Economics, Finance, - 2004-2008
BitMEX - CEO/Co-Founder
Citigroup Inc - Delta OneTrader - 2011–2013
Deutsche Bank AG - Associate
In 2020, the CFTC filed charges accusing BitMEX and its co-founders of illegally providing spot and derivative trading services to US customers without appropriate money-laundering precautions.
According to Hayes, the 90-day correlation between Bitcoin and the Nasdaq-100 rose to a new record peak.
According to the prosecutor, Hayes was found to have based the BitMEX exchange in Seychelles in an attempt to evade regulatory scrutiny.
100x Group COO Vivien Khoo will serve as BitMEX interim CEO. Ben Radclyffe, BitMEX Commercial Director, will have more responsibilities for client relationship handling and oversight of financial products.
As the Defi sector grows, yEarn.finance hit a new high of almost $13,000 from its first trading price of $32. YFI has now spiked to over $10,000.