Our team leverages decades of experience in top financial firms across trading, quantitative investments and trading technology.
GSR, founded in 2013, is a global leader in digital asset trading and market making. We specialize in providing liquidity, risk management strategies and structured products to sophisticated global investors in the digital assets industry. Our leadership team of veteran finance and technology executives from Goldman Sachs, Two Sigma, Citadel, IBM and Oracle, among others, has created one of the world’s fastest, most robust, and transparent digital asset trading systems.
GSR works with token issuers, traders, investors, miners, and more than 30 cryptocurrency exchanges around the world. As a founding member of The Association for Digital Asset Markets (ADAM), GSR is also a leader in establishing and maintaining industry standards and protocols to support the healthy development and evolution of the global digital assets industry.
Co-Founder and Member of the Board
Cris is Co-founder of GSR and leads the company’s trading operations and business development. Before co-founding GSR, he worked as a commodities trader for 9 years at Goldman Sachs in New York. Since then he has managed an active portfolio of investments across the technology, real estate, hospitality and media sectors. Cris obtained a degree in Economics from the Massachusetts Institute of Technology (MIT).
Co-Founder and Member of the Board
Rich is a Co-Founder of GSR, and leads the Markets group and is Co-Head of Trading. He began his career at Goldman Sachs where he spent 11 years between New York and London in commodities trading as a Managing Director and Global Head of Oil Derivatives Trading. Prior to joining GSR, he spent a few years on the buy-side, running energy trading teams at two New York-based hedge funds. Rich earned a bachelor’s degree in Mathematics from Columbia University.
Chief Technology Officer
Nim is CTO of GSR and is responsible for trading platform development and integration. Nim has over 16 years of experience building software solutions and trading platforms in the financial services sector, including at Goldman Sachs in London and Source Capital AG in Zug. Nim has a master of engineering degree in Computer Engineering from the University of Southampton.
Member of the Board
Gilberto is a member of the board at GSR and is responsible for new customer acquisition and operations management. Previously, he played a key role in developing client portfolios for start-ups and multinationals, including Holmen and M-Real (Metsä Board). He holds degrees in Business Administration from the Universidad Pontificia Comillas and the University of Hull, as well as a master’s degree in eCommerce from the Universidad Carlos III de Madrid.
Head of Investment Solutions
Jakob is Head of Investment Solutions at GSR and is responsible for the firm’s investment management business. Prior to joining GSR, he was Head of EMEA business development at Two Sigma Investments and a board director of Two Sigma International. He has over 11 years experience of developing business and investment solutions in systematic investment management, including roles at Winton Capital Management and Barclays Global Investors (BGI). Jakob earned a BSc in Economics from Lund University where he also completed the MSc coursework in Economics (without dissertation). He also holds a Ships Officers Degree, Class VIII from Chalmers University of Technology.
Head of Trading
Anthony is Trader at GSR and is responsible for developing trading strategies and platforms for the cryptocurrency markets. Anthony has over 18 years experience in trading across global financial markets, including developing systematic high frequency trading algorithms on global futures and options. He has worked at leading institutions such as Nomura International, Liquid Capital Markets and Tower Research Capital. Anthony graduated with a degree in Management from the University of London, Royal Holloway.
Director of Trading Operations
Aman Bhalla is Director of Trading Operations at GSR. Aman oversees all aspects of GSR’s Trading Operations functions including assisting the business to support new products, focusing on credit risk and managing the firm’s back and middle office functions. Aman has extensive experience in the commodities market within Operations, Middle Office and Business Management. He held the position of Vice President at Goldman Sachs managing the Commodities Middle Office team before moving onto head the European Derivative Operations at Mercuria Energy Trading S.A. His most recent position was at Citadel where he was the European Business Manager for the Commodities trading desk in Europe. Aman graduated with a Bachelor of Science in Economics from the University of Birmingham.
Director of Trading, Asia
Neo is Director of Trading, Asia, and is responsible for OTC and exotic derivatives trading across a broad spectrum of cryptocurrencies in GSR. Before joining GSR, he ran the equity exotics derivatives trading desk at United Overseas Bank where he also helped build the fund derivatives and delta-one equity products business lines. Prior to UOB he was a partner at a quantitative hedge fund that specializes in volatility investing. Neo holds two MSc degrees in Financial Engineering and a BEng in Mechanical Engineering from the National University of Singapore.
Romain is a Trader at GSR and is responsible for developing market models and algorithms for cryptocurrency trading. Before joining GSR, he was a Quantitative Trader at TransMarket Group, where he was responsible for developing and improving trading strategies, conducting research to improve the proprietary software performance, and managing the overall desk portfolio. He worked on the US and European rates desk, and later crude and refined products. He obtained a BSc in Engineering from Supelec in France, and an MSc in Financial Engineering from the Swiss Federal Institute of Technology in Lausanne.
Josh is a Trader at GSR and is responsible for developing trading strategies and platforms for the cryptocurrency markets. Josh joined GSR from Prelude Capital where he created a quantitative trading engine and a systematic portfolio of digital assets. Prior to Prelude Capital, Josh was a Convertible Bonds Trader at Castle Creek Arbitrage Global and an Equity Derivatives Trader at Consilium Capital. Josh has an MSc in Financial Mathematics from the University of Cape Town.
Filippo is Trader at GSR and is responsible for developing market models and algorithms for cryptocurrency trading. Before joining GSR, he was a Quantitative Trader at TransMarket Group, where his responsibilities included cross exchange statistical arbitrage, electronic market making and market microstructure research. Filippo obtained a BSc in Mathematical Engineering from the Polytechnic University of Milan and completed the MSc in Applied Mathematics and Quantitative Finance coursework at Delft University of Technology.
Brook is a Trader at GSR and is responsible for developing market models and algorithms for cryptocurrency trading. Prior to GSR, Brook worked at a high-frequency trading firm making markets on equity derivatives globally, and at Barclays Capital as a quantitative developer with the structured rates and FX exotics team. Brook has extensive experience developing algorithmic high-frequency trading strategies and conducting microstructure research. She obtained a Masters in Computer Science from Cornell Tech and a BSc in Computer Science from Cornell University.
Quentin is a Trader at GSR and is responsible for developing market models and algorithms for cryptocurrency trading. Before joining GSR, he was a Quantitative Trader at TransMarket Group, where he was responsible for developing and improving trading strategies, conducting research to improve the proprietary software performance, and managing the overall desk portfolio. He worked on the US rates and Front End desk. He obtained a BSc in Mathematics and an MSc in Financial Engineering from the Swiss Federal Institute of Technology in Lausanne.
John is a Trader at GSR and is responsible for OTC Trading and proprietary trading strategies. Prior to GSR, John worked for a proprietary trading firm as a market maker in equity options and more recently in cryptocurrency derivatives. He has experience developing and trading algorithmic FX and futures strategies. He obtained a Masters in Finance from MIT Sloan, where he researched and developed macro risk models for Wellington Asset Management. John also holds a BSc in Aerospace Engineering from the Massachusetts Institute of Technology (MIT).
Ravel is a Trader at GSR and is responsible for OTC trading and trading operations, including quant trading support and risk operations for our global trading business. Prior to joining GSR, Ravel worked as a Financial Analyst for a leading financial services data analytics provider in Spain. Ravel holds a degree in Business Administration and Management from the University of Granada.
Micah is a Junior Trader at GSR and is responsible for OTC trading and research. Prior to joining GSR, Micah worked at Morgan Stanley on the emerging markets foreign exchange sales and trading desk helping with institutional coverage and at Gelber Group as a proprietary macro trader. He holds a BA from Hamilton College in Economics and French.
Pavlo is a Trading Analyst at GSR and is responsible for supporting day-to-day trading activity during the US time zone for the cryptocurrency markets. Pavlo joined GSR from Macquarie Group where he was supporting oil, power and gas traders in the margining and collateral department. Pavlo has a BSc in Financial Mathematics from the University of Houston.
Business Development Director, Asia
Xin is Development Director, Asia for GSR, supporting our Global Business Development team by leading our marketing and sales strategy in the Asia Pacific market. Xin has extensive experience in leading strategy and business development, most recently as CEO of Magpie Capital, a digital asset investment firm. Prior to Magpie Capital, he was Head of Product at DealGlobe. Xin started his career at BlackRock in the UK, where he was portfolio manager with the European Equity team. He holds a BSc in Mathematics from London School of Economics (LSE), an MBA from London Business School, and is a CFA charterholder.
Chuan Jin Fong (C.J)
Business Development Director, Asia
CJ is a Business Development Director, Asia at GSR, supporting our global business development team by focusing on our growth in the Asia Pacific market. Before joining GSR, CJ was Co-Founder at a consulting firm focusing on digital assets and business development for startups. CJ started his career in Hong Kong as a structurer at Morgan Stanley before heading up Fixed Income Solutions for Morgan Stanley Private Bank. He moved to Nomura Private Bank, focusing on client solutions in both public and private markets. He holds a double degree in Accounting and Business Management from Singapore Management University (SMU).
Business Development Associate
Anjo is a Business Development Analyst for Asia at GSR and is responsible for branding in China. Prior to GSR, Anjo worked at CapitaLand China, where she was a marketing analyst for the East China area. After CapitaLand China, Anjo worked as a branding and marketing manager in GreenTown Group. Anjo obtained a Bachelor´s degree in Information Management from Tianjin Foreign Study University.
Business Development Director
Paolo is Business Development Director for GSR and is responsible for new customer acquisition and client service. Prior to joining GSR, Paolo worked in business development for Oracle, specialising in enterprise cloud solutions. His earlier career was spent in London, where he held senior sales roles at leading digital advertising firms. Paolo holds a degree in Business Administration from the University of St. Louis.
Business Development Director
Anil is Business Development Director for GSR and is responsible for customer account management. Anil is an experienced executive with strong results implementing new technologies at large organizations. He worked for over 5 years at IBM and has significant experience in pre-sales and professional services, including people development, building methodologies, driving sales, defining strategies across regions and leading implementations to build client success.
Business Development Director
Josh is Business Development Director, US for GSR, supporting our Global Business Development team. Prior to joining GSR, Josh worked in business development with Tassat, a New York-based fintech firm specialising in digital asset derivatives and payments. Josh started his career in institutional foreign exchanges sales roles at Citibank and Westpac, covering the US hedge fund sector. He holds a degree in Business Studies from Massey University in New Zealand.
VP of Business Development
Michel is a Business Development Analyst for GSR. Michel has over 8 years of experience in banking and technology and was previously a Business Analyst and Project Manager at UBS in the FX trading division. He also has experience as a Business Development Consultant for the Swiss Chamber of Commerce. Michel has a Masters in Business Management from the University of Lugano in Switzerland.
Ciaran is a Marketing Associate at GSR and is responsible for devising and executing marketing strategy across all service offerings. Prior to GSR, Ciaran worked at Circle, where he was Regional Marketing and CRM Lead for retail and institutional products. Ciaran obtained an MSc in Marketing from the Michael Smurfit School of Business, University College Dublin and a BSc in Business & Management from the Dublin Institute of Technology.
Lead Software Engineer
Francisco is a Lead Software Engineer at GSR and is responsible for engineering and management of our cloud-based platform for global programmatic trading. Prior to joining GSR, he was a Technical Manager at Skyscanner and a Lead Architect at Ericsson. Francisco holds a Master’s degree in Computer Science from the University of Granada. He has completed multiple continuing education certifications, including Machine Learning for Trading.
Matteo is a DevOps Architect at GSR and is responsible for the IT trading infrastructure, core platform and engine framework development and integration. Matteo has over 14 years of experience building infrastructure and software solutions in the financial and telecom sectors, with a focus on high-performance low-latency systems. Prior to joining GSR, he was at Swisscom AG and Source Capital AG in Switzerland, where he was also a member of the Steering Committee. He holds a degree in Informatics from the Istituto Tecnico Industriale Leonardo Da Vinci.
Laurian is Operations Manager at GSR, responsible for overseeing risk management systems and trade reconciliation across all client portfolios. Laurian has over 20 years’ experience in software development and risk management, with 10 years as Risk Manager at Source Capital AG where he developed and managed algorithmic trading operations and back-office systems. Laurian holds a degree in Computer Science from Purdue University.
Senior Software Engineer
Mourad joined GSR in 2014 as the first full-time employee and has been instrumental in shaping and developing the trading technology stack. An early enthusiast of cryptocurrencies, Mourad brings in-depth knowledge and years of experience around blockchain systems. Before joining GSR, Mourad was an active contributor to some key open source projects in the space, including core Java libraries for Bitcoin and Ripple. He studied Computer Science at the Universidad de Málaga.
Senior Infrastructure Engineer
Hitesh is a Senior Infrastructure/Devops Engineer at GSR, responsible for overseeing IT trading infrastructure as part of our global team. Hitesh has over 18 years of experience and joined us from JPMorgan Singapore where he worked with their next generation pricing, risk management, analysis and trade management platform. Hitesh has worked as a systems engineer and manager at leading multinational firms such as UBS, Yahoo!, and IBM. He holds a Bachelor of Commerce degree from the University of Mumbai.
James is a Software Engineer and is responsible for the development of exchange integration as well as enhancing the core cryptocurrency trading platform. Prior to GSR, James worked at the global fintech firm Celer Technologies, enhancing the FX trading platform for major banks, hedge funds, and asset management companies. James previously worked at RBS in London with the FX algorithmic trading platform development team. James has extensive experience working on high-frequency and low-latency trading platforms, including exchange integration, software and hardware low-latency tuning and optimisation, smart order routing, and price aggregation techniques. James obtained a BSc in Computer Science from the University of East Anglia (UEA).
Victoria Caparrós Cabezas
Victoria is a Software Engineer at GSR and is responsible for the design and implementation of our trading UI. Before GSR, she worked as a full-stack web developer at RavenPack, where she contributed to the development of a web interface and cloud-based backend services to deliver real-time big data analytics for financial services. She holds a PhD degree in Computer Science from ETH Zurich, where she worked on performance bottleneck analysis. During her PhD, she was awarded a Google European Doctoral Fellowship in Distributed Systems. Before starting her doctoral studies, she worked at IBM Research in Zurich.
Finance & Accounting Director
Jamie oversees GSR’s Finance & Accounting department, leading budgeting, reporting, accounting, and treasury functions globally. Prior to joining GSR, he was Partner at Seven Investment Management (7IM), heading their FP&A and MI delivery. Jamie started his career in the fx industry as a management accountant. He holds a degree from the University of Southampton and is a CIMA qualified accountant.
V.P. of Finance & Operations
Andrea is a Vice President of Finance and Operations at GSR. Andrea has over 10 years of experience in Business Process Outsourcing (BPO) and Finance. Prior to joining GSR, she was a Team Leader of Accounts Payable BPO and Finance Lead in the division of Accenture Digital in Buenos Aires. Andrea holds a Bachelor’s degree in Actuarial Science from the Universidad del Salvador (USAL) and is currently working towards an MBA from EUDE Business School.
Corporate Legal Advisor
Antonio has a Degree in Law from Complutense University of Madrid, a Master’s Degree in Tax Law from the University of Deusto, Bilbao and Spanish CPA. He is member of Madrid Bar Association and the Spanish Institute of Chartered Accountants.
After 36 years of experience with KPMG, he retired in October 2014 since he reached the statutory retirement age. He started his career at KPMG in Madrid in 1978, became partner in 1987 and moved in 1999 to New York office where, amongst other responsibilities, he was the Partner-in-charge of Latin-American Legal Services, served Global Accounts in Latin-America and lead the Spanish and Portuguese Centers of Excellence in that Office. In July 2015 he joined the Spanish law firm Larrauri & Marti Abogados where he leads the International Departament.
Director of HR & Recruiting
Gareth is Director of HR & Recruiting at GSR. Gareth leads GSR’s Talent Acquisition team globally as well as provides support across all HR functions. Prior to joining GSR, he spent five years with HSBC overseeing UK resourcing for their Investment Bank, Securities Services, Private Bank and Wealth Solutions. Gareth started his career as a Recruitment Consultant in 2008, and has spent the last decade working as a corporate recruiter for leading firms such as HSBC, KPMG and Deloitte.
VP of HR Administration
Kalina is VP of HR Administration at GSR, with responsibility for compensation, benefits, training, and other administrative programs across Europe, the US, and Asia. Prior to GSR, she spent five years at Royal Dutch Shell as an HR Specialist and Senior Advisor in the International Mobility program in Poland. Kalina earned a Master’s degree in Philology and Linguistics from the Adam Mickiewicz University in Poznan, Poland.
Ursula is an HR Analyst at GSR and is responsible for the onboarding of new team members and providing continuous support across Human Resources and Recruiting. Before joining GSR, Ursula worked in facilities management and administration with various fintech companies in London. Ursula obtained a Bachelor’s degree in Communications, Media & Society from the University of Leicester and is currently working towards a Masters of Science in Organisational Psychology from Birkbeck, University of London.
Amira is an Administrative Assistant at GSR and is responsible for providing executive support, office management, and administrative support across our global business. Before joining GSR, Amira provided senior executive support and workflow coordination at Oliver Wyman management consulting. Amira is working towards a Bachelor’s degree in International Studies.
Nuria del Rio
Nuria is an Administrative Assistant at GSR and is responsible for providing administrative support and facilities management for our global team. Prior to joining GSR, Nuria was a PA and Marketing Executive at Basebone, a multinational digital content media services provider. Nuria has a Bachelor’s degree in Psychology from the Universidad SEK in Segovia, and a Master’s in Management Sales and Marketing from IE Business School in Madrid.
GSR became one of the first market-makers on Ripple’s Consensus Ledger
Integrated with Bitstamp (EU), Snapswap (US), TokyoJPY (Japan), Paxmoneta (Korea), Rippex (Brazil), Fidor Bank (EU).
Integrated with Bitso (Mexico), Gold Bullion International (US), Gatehub (EU) and further expanded our trading relationships.
Integrated with 6 more digital asset exchanges. Developed statistical exchange arbitrage strategies.
Global footprint. Integrated with 15 digital asset exchanges worldwide including Poloniex, Bittrex and Bithumb. Portfolio of counterparties ranging in market cap from $20MM to $50BN+.
Diversified into Institutional Sales & Trading business. GSR Markets and GSR Consulting are founded to satisfy demand for liquidity services.
The Association for Digital Asset Markets launches. ADAM is the first broad-based organization in the US to seek standards for digital asset markets. GSR is a board member and serves on the Governance Committee.
GSR expands into options trading and structured products, pioneering new tools for risk management, including the Extendable, Accumulator, and Binary Options.
GSR continues to invest in infrastructure to support the future of the derivatives market. In addition to partnering with derivatives exchanges and acting as a key volume driver via programmatic liquidity, GSR continues its growth in OTC options, trading the first Variance Swap on bitcoin in June.
GSR accomplishes market leading trading volumes for customized options and yield enhancement strategies. A record number of market making counterparties is also achieved as the team grows to over 50 people.