Bitcoin Derivatives Exchange

Bitnomial was founded in 2014 to create a marketplace connecting native digital asset hedgers with institutional traders. Bitnomial offers improved derivatives exchange technology coupled with new digital asset settlement systems.

About the Company

Our Company

2014

Founding: On the FX desk of Allston Trading, Luke witnessed first-hand as the markets sought a safe haven from global economic uncertainty. Investors piled into the Swiss Franc causing its value to soar and impair Swiss exports. The Franc-Euro peg and subsequent unpeg caused even further economic turmoil. Bitnomial was founded to solve market dynamics and access problems.

2016

CFTC Filing: Bitnomial filed an application with the US Commodity Futures Trading Commission (CFTC) to operate an exchange, formally known as a Designated Contract Market (DCM), for deliverable digital asset derivatives.

2018

Series A: With investors like Jump Capital, Coinbase Ventures, Digital Currency Group, RRE Ventures, and ValueStream Ventures, Bitnomial's Series A funding round brings together both customers and venture capital firms.

2020

CFTC Approval: Bitnomial Exchange, LLC was designated as a contract market (DCM) by the US Commodity Futures Trading Commission (CFTC) to operate an exchange for margined and deliverable digital asset futures and options, a first for new exchanges.

Our Company

Our Team

Luke Hoersten

Founder & Chief Executive Officer, Bitnomial, Inc.

Mr. Hoersten was previously a Managing Partner at Allston Trading, LLC where he was Head of Core Technology and served in a variety of leadership roles from Head of Infrastructure to Head of Equities and Options Trading Technology.

Joseph Pensinger

Chief Operating Officer, Bitnomial, Inc.

Mr. Pensinger was previously a Managing Partner at Allston Trading, LLC where he led firm-wide trading operations, head of multiple trading desks, member of the Audit Committee, and chaired the Operating Committee.

James Walsh

General Counsel, Bitnomial, Inc.
Chief Regulatory Officer, Bitnomial Exchange, LLC

Mr. Walsh, a member of the Illinois Bar, was previously Regulatory Investigator and Compliance Specialist at Cboe Global Markets, Inc. and CBOE Futures Exchange, LLC. Prior to earning his law degree, Mr. Walsh traded financial andagricultural futures on the Chicago Mercantile Exchange, Inc. floor.

Michael Dunn

Director of Market Operations & Surveillance, Bitnomial Exchange, LLC

Mr. Dunn was previously Head of the Global Market Making Group at Allston Trading, LLC. Prior to global market making, Mr. Dunn was Head of Operations for the Global Equities Group and a member of the Trading Operations and Risk team.

Matthew Wraith

Director of Information Technology, Bitnomial, Inc.

Mr. Wraith was previously Co-founder and CTO of PeerTrader, a FINRA-registered trading and portfolio management platform for peer-to-peer debt. Prior to PeerTrader, Mr. Wraith was with CameronGroup where he built trading system andenterprise testing and assurance.

Our Directors

Peter Nabicht

Public Director, Bitnomial Exchange, LLC

Mr. Nabicht is currently President at Securities Technology Analysis Center. Previously Head of Electronic Market Development at Tradeweb Markets LLC and Executive Vice President of Business Development at Allston Trading, LLC.

Thomas J. Anderson

Public Director, Bitnomial Exchange, LLC

Mr. Anderson is currently Senior Vice President at ADM Investor Services, Inc. in Accounting, Compliance, Risk and Treasury. Previously CFO at Allston Trading, LLC. EVP/CFO at R.J. O'Brien and Associates, LLC. Group Treasurer atNewedge. Group COO & CFO at Calyon Financial. CFO at Lind-Waldock.

Investors

Jump Capital
DV Chain
Digital Currency Group
RRE Ventures
ValueStream
RRE
consolidatied
bittrex
collaborative
indicator
electric
lemmiscap
Jump Capital
DV Chain
Coinbase
RRE Ventures
Digital Currency Group
ValueStream
bitstamp
consolidated
bittrex
collaborative
indicator
lemniscap
electric