FalconX Appoints Markets Head
Posted by Colin Lambert. Last updated: March 7, 2024
FalconX, which operates a digital asset prime brokerage and CFTC-registered swap dealer, has named Ravi Doshi as head of markets as it seeks to build its derivatives trading business.
Doshi joins from Genesis Trading, part of the troubled Digital Currency Group, where he worked for just over two years as global head of trading. Prior to that he spent 18 months at Enigma Securities as head of trading, having joined that firm from i2 Trading, where he was co-founder and worked for two years. Dishi started his career at Chicago Trading Company, where he was an options trader.
“FalconX had tremendous growth in 2023, with 10X volume increase in options trading, as well as doubling its institutional client base,” says Raghu Yarlagadda, founder and CEO of the firm. “As crypto becomes ingrained in the world’s financial markets, Ravi’s experience with risk management and trading across traditional and digital assets will strengthen our leadership position in crypto markets.”
Doshi will be working to further scale FalconX’s trading business while overseeing infrastructure and business development. He says, “FalconX plays a pivotal role in providing best in class prime brokerage services in digital assets. By making crypto markets more accessible to institutions, we can increase adoption of this technology, leading to a more open and inclusive financial system.”