Company Market Research Report: GFO-X

Company Overview

Name and Mission

Name: Global Futures and Options Ltd (GFO-X)

Mission: To provide a regulated and centrally cleared trading venue dedicated to digital asset derivatives, ensuring security, efficiency, and risk mitigation for institutional investors.

Foundation Details

Founded: 2020

Founders: No information is available

Key People

Arnab Sen: Chief Executive Officer

Raj Melwani: Chief Operating Officer & Chief Financial Officer

Jon Mann: Chief Technology Officer

Mark Woodward: Global Head of Compliance and Regulatory Affairs

Scott Riley: Chief Risk Officer

Jas Shoker: Chief Information Officer

Nicholas Studholme-Wilson: Chief Operating Officer - Asia

Thavy Read: Head of HR

Alex Lenhart: Head of Sales and Membership

Greg Griffin: Head of Product Development

Simon Fraser: Head of Business Development

Daniel Haas: Head of Software Development

Andrew Chart: Head of Operations

Magda Barszczewska: Head of Finance

David Beattie: Head of Infrastructure (Trading)

Alicia Ju: Project Manager

Dom Penton: Non-Executive Chairman

Frederick Towfigh: Chairman, Asia Pacific

James Paradise: Senior Board Advisor

Pierre-Dominique Renard: Strategic Advisor

Headquarters

Location:

United Kingdom: 1/F 36-38 Botolph Lane, London, EC3R 8DE

Hong Kong: 21/F & 23/F LKF29, 29 Wyndham Street, Central, Hong Kong

Number of Employees

Employees: 51-200 employees

Revenue

Revenue: No information is available

Key Identity

Known For: Being the UK’s first regulated and centrally cleared trading venue dedicated to digital asset derivatives.

Products

Overview

GFO-X offers a suite of regulated and centrally cleared digital asset derivatives products, ensuring secure, efficient, and risk-mitigated trading for institutional investors.

Products Offered

1. BTC Futures (GFBTF)
2. BTC Options (GFBTO)

High-Level Product Descriptions

BTC Futures (GFBTF)

Symbol: GFBTF

Currency: US Dollar

Description: Cash-settled Bitcoin index futures, centrally cleared by LCH DigitalAssetClear.

Key Features:

Monthly and quarterly expiries

Institutional-grade risk management tools

FIX Drop Copy Service

Block trading capabilities

Centrally cleared by LCH’s dedicated service

Cash settlement to avoid custody risks

High liquidity and optimal pricing

BTC Options (GFBTO)

Symbol: GFBTO

Currency: US Dollar

Description: Cash-settled Bitcoin index options, centrally cleared by LCH DigitalAssetClear.

Key Features:

Diverse contract maturities

Institutional-grade risk management tools

FIX Drop Copy Service

Block trading capabilities

Centrally cleared by LCH’s dedicated service

Cash settlement to avoid custody risks

High liquidity and optimal pricing

Recent Developments

New Products and Features

LCH SA Secures Approval:

Date: April 8, 2023

Details: LCH SA received regulatory approval to clear cash-settled Bitcoin index futures and options contracts traded on GFO-X.

GFO-X & Liquid Mercury Partnership:

Date: April 17, 2024

Details: Partnership to power block trading of options and futures on GFO-X’s regulated trading venue.

Arta TechFin Partnership:

Date: April 20, 2023

Details: Strategic collaboration to enhance global liquidity and trading services of regulated digital asset derivatives, focusing on the Asian and UK/European markets.

Recent Funding

Series B Funding:

Date: December 10, 2023

Amount: $30 million

Lead Investor: M&G Investments

Purpose: To fund GFO-X through its forthcoming launch and to support future innovation in the regulated digital asset sector.

Notable Events and Partnerships

Strategic Partnership with LCH SA:

Date: April 13, 2023

Details: For the trading and clearing of Bitcoin index futures and options, enhancing the safety and regulatory compliance of digital asset derivatives.

GFO-X & Liquid Mercury Partnership:

Date: April 17, 2024

Details: Powered block trading of options and futures on GFO-X’s regulated trading venue.

Conclusion

GFO-X positions itself as a pioneering force in the regulated digital asset derivatives market. With strategic partnerships, robust product offerings, and a mission to integrate evolving regulations into traditional financial structures, GFO-X aims to meet the significant unmet needs of global institutional participants while fostering trust and credibility in digital asset markets.