SFOX, a digital asset prime dealer focused on helping hedge funds embrace and expand crypto trading, has added another former Wall Street executive to its senior sales team of long-term institutional investors.
Chuck Lugay, who has spent more than two decades at Wall Street firms and also served as President of Security Traders Association of New York, will join SFOX as SVP of Digital Assets. Lugay has worked for leading Wall Street firms including Citadel, Clearpool Group, NASDAQ, Knight Group and Morgan Stanley.
Lugay will play a leading role in the global expansion of SFOX’s business development. He is the latest addition to the digital assets team that boasts experience working at such leading firms as Credit Suisse, Citadel, Jefferies, Morgan Stanley and Deutsche Bank.
Yen carry trade risks mount
Hedge funds and other leveraged investors face renewed risks from the yen carry trade as Japan moves further away from decades of…
More
Valour launches first crypto hedge fund using Neuronomics AI strategy
Valour, the digital asset investment products subsidiary of DeFi Technologies, has launched its first hedge fund as it expands beyond…
More
SocGen targets strong prime brokerage growth
Societe Generale is planning to significantly expand its prime brokerage business as part of Chief Executive Officer Slawomir Krupa's…
More