Ex-Morgan Stanley execs launch Phemex crypto derivatives exchange that is “on par with Nasdaq”

posted about 2 months ago
8 former core developers from Morgan Stanley launched Phemex crypto derivatives exchange. The exchange claims to be 10 times faster than other platforms and offers 100x leverage.

Jack Tao, co-founder of Phemex, said “Our matching engine, trading engine, and risk engine were 6 months in the making, putting the platform technically on par with Nasdaq”
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