186: Sudhu Arumugam – Advancing crypto ecosystem—post two decades of institutional trading

Joining me on this episode is Sudhu Arumugam, the co-founder and Chief Risk Officer of cryptocurrency futures exchange CoinFLEX.

Though prior to this, Sudhu spent near 20-years in various trading roles for banks and hedge funds—mostly transacting in options on indices and single stocks, exotic derivatives and fixed income.

We start things off by talking about Sudhu’s early days and experience in London’s LIFFE trading pit, meeting and trading with DRW founder Don Wilson—who he identified as a “force to be reckoned with.” Sudhu also speaks about heading a small institutional trading team within Merrill Lynch and shares insight to its OTC dealings.

Then in the later part, we speak more about crypto and the efforts of CoinFLEX to become a market leading exchange.