Crypto Liquidity Provider GSR Expands Trading Leadership Teambr>
GSR, a liquidity provider for digital assets, has expanded its trading leadership team, naming Aman Bhalla as Director of Trading Operations and Meng Hwee Neo as Director of Trading, Asia.
Founded in 2013, GSR is one of the oldest established institutional market makers for digital assets, and is a recognized innovator in developing digital asset derivatives, algorithmic solutions and proprietary trading strategies. The firm 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.
The two new hires are the latest institutional traders and business leaders to join the GSR team, which consists of finance and technology executives from companies such as Goldman Sachs, Two Sigma, Nomura International, IBM and Oracle, among others. Bhalla and Neo reportedly 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.
“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.”
As Director of Trading Operations, Bhalla will be in charge of the oversight of GSR’s Trading Operations functions. He joins the company from Citadel, where he was the Commodities Business Manager in Europe. During his career, he was also the Head of Financial Operations (EMEA) at Mercuria Energy Trading S.A, and Vice President at Goldman Sachs, managing its Commodities Middle Office team.
“I’m excited to join the GSR team at a key point in the evolution and institutionalization of the digital asset market,” said 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, Neo will be responsible for managing and expandin GSR’s regional trading relationships and implement trading strategies tailored to regional and country-level needs and trends. 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 Neo. “I look forward to further expanding GSR’s footprint in the region.”