En

简体中文

繁体中文

한국어

English

简体中文

繁体中文

한국어

Press / 

Ex-Morgan Stanley Exec Joins Former Colleagues at Shenzhen Crypto Firm

Ex-Morgan Stanley Exec Joins Former Colleagues at Shenzhen Crypto Firm

C

COINTELEGRAPH | 2019/08/24

Chinese cryptocurrency company Amber Group has recruited ex-Morgan Stanley Asia head of derivatives Jeffrey Wang.

Ex-Morgan Stanley Exec Joins Former Colleagues at Shenzhen Crypto Firm

Former Morgan Stanley Asia head of derivatives Jeffrey Wang has officially joined Amber Group, a Shenzhen-based cryptocurrency company.


As Bloomberg reported on Aug. 23, Wang will operate out of Vancouver as the head of Americas for Amber. According to the article, he previously worked at Morgan Stanley with four out of the five Amber’s founders, and two of them — Wayne Huo and Tony He — used to report directly to Wang.


No rest for the crypto market


Wang has reportedly taken the past three years of work. He explained that the idea of a fast-growing nascent industry where his experience will be useful is what convinced him to join Amber, adding:


“As the more mature traditional markets are continuing to see compressed margins and moving to automation, the crypto financial market is still in its infancy.”


Artificial intelligence for trading


Amber Group started in 2015 as a side project for four traders at Morgan Stanley — Michael Wu, Tiantian Kullander, Huo and He — as well as Bloomberg LP developer Thomas Zhu. They began working on the project full time in 2017. Amber’s aim is to explore machine learning for trading.


As Cointelegraph explained in a dedicated article published in November last year, artificial intelligence and machine learning could help various trading bots to constantly evolve and develop.



View Original Article >

Most Popular
Hong Kong’s Amber Group Picks BitGo Trust in Quest for Institutional Investors
Crypto market maker Amber Group will service its clientele of institutional traders with the help of BitGo Trust, the custodial arm of the Palo Alto-based digital asset financial services firm.
imToken and Amber Group start strategic cooperation
Aim to complement each other around DeFi’s transparency, open source, and CeFi’s high liquidity and flexibility
Amber Group Selects BitGo as Custodian to Bridge Traditional Finance With Crypto Native Apps
BitGo, the leading digital asset financial services firm today announced that Amber Group, a global crypto finance service provider, is utilizing BitGo Trust qualified custody for its clientele of institutional investors and traders.