QFEX is the first hybrid perpetual futures exchange to allow high leverage, performant trading on traditional financial assets. Markets on QFEX operate 24/7 like crypto venues, with external market makers, allowing users to trade outside of market hours.QFEX utilizes a Centralized Limit Order Book, or ‘CLOB’, and maintains CEX-like features such as microsecond-level latency, native fiat and crypto payment rails, anti-HFT arbitrage protections and circuit breakers.In the long-term, QFEX aims to replace the entire $100bn TradFi exchange, clearing and brokerage industry, with an ambition to be the trading exchange of choice for global banks, hedge funds and family offices, offering 24/7 access to a huge range of assets, both traditional and complex.
QFEX was founded by Cambridge mathematicians Annanay Kapila and Joshua Wharton. Annanay was previously one of the first members of Flow Traders’ crypto team, and then a Quant at Tower Research Capital, where he was responsible for double digit market share across all major crypto venues. Josh was an Engineer at Citadel.The rest of the team comes from Jump, HRT, and more.
