FCA Regulated
GFO-X UK is authorized and regulated by the Financial Conduct Authority.
About The GFO-X Group
Building regulated market infrastructure for digital asset derivatives.
The GFO-X Group is focused on bringing institutional quality execution, clearing, and risk controls to digital asset derivatives through regulated venues in key global financial centers.
Centrally Cleared
All UK contracts are centrally cleared via LCH DigitalAssetClear.
Global Footprint
Operating presence across London, Hong Kong, and Abu Dhabi.
Institutional Focus
Built for professional market participants with resilient market structure.
The Platform
About the Group
The GFO-X Group is a global market infrastructure provider focused on regulated digital asset derivatives. In the UK, GFO-X operates as an FCA authorized, centrally cleared Multilateral Trading Facility (MTF), with clearing delivered through LCH DigitalAssetClear.
The Group has expanded into Abu Dhabi, receiving In-Principle Approval from ADGM's Financial Services Regulatory Authority to operate as a Recognized Investment Exchange and Recognized Clearing House. This expansion supports the Group's vision for regulated 24/7 trading and clearing infrastructure across regions.
Risk Management First
Designed around robust controls, central clearing, and transparent governance.
Institutional Connectivity
Integrated with leading market participants and technologies used by traditional finance.
Scalable Market Design
High-performance architecture built for throughput, uptime, and future product expansion.
Leadership
Meet the Team
A leadership group drawn from global exchanges, clearing houses, banks, and digital asset market infrastructure — with over 500 years of combined industry experience.
Click any profile card to view the full biography.
Arnab Sen
Co-Founder & CEO
Co-founder of GFO-X, Arnab was Founder and CIO of Harbour Capital Management and held senior portfolio management roles at Nezu Asia, HSZ Limited, and UBS Warburg. A Cambridge graduate, he brings deep cross-market investment and trading experience, with a track record of building high-performing teams and businesses in complex, fast-moving markets. His career spans hedge funds, proprietary trading, and asset management across Asian and global markets.
Raj Melwani
Co-Founder, CFO & CCO
Co-founder of GFO-X, Raj has held senior leadership roles at Harbour Capital Management, Bank of America Merrill Lynch, UBS Securities Asia, and Barclays Capital. His background spans APAC equities and derivatives, institutional sales, and licensed business oversight as a Responsible Officer, with a strong track record of building scalable businesses in complex, regulated markets.
Jon Mann
CTO
An original member of Eclipse Trading, Jon has built proprietary high-frequency systems and held roles at Orc Software (sister company to OMX), IBM Global Services, and Sun Microsystems. He brings over twenty years of leadership, including scaling engineering teams of 200+ and delivering mission-critical platforms in regulated markets. Has advised major exchanges and trading firms.
Sabrina Wilson
COO
Sabrina has held senior leadership roles at Goldman Sachs, JPMorgan, Deutsche Bank, and Citi, where she served as Managing Director and Global Head of Futures, OTC Clearing, and FX Prime Brokerage, as well as Global Head of Listed Electronic Execution. Most recently, she was Group COO of Copper Technologies and Chair of the Risk Committee at NatWest Markets UK plc, bringing a proven track record of scaling complex, regulated market infrastructure businesses.
Greg Griffin
Chief Product Officer
Greg has held senior trading and leadership roles at Eclipse Trading and Morgan Stanley, where he helped build and scale automated market-making businesses across the US, Europe, and Asia. He later founded Demarc Capital, bringing deep quantitative trading and engineering expertise with a strong track record of delivering high-performance products at the intersection of markets and technology.
Mark Woodward
Global Head of Compliance & Regulatory Affairs
Mark spent nearly two decades at Intercontinental Exchange, where he helped build and scale ICE Clear Europe and ICE Futures Europe while working closely with regulators, boards, and market participants. He has also held senior regulatory and compliance roles at BP and the UK's Financial Services Authority, bringing deep expertise in regulated market infrastructure and disciplined execution.
Nicholas Studholme-Wilson
COO, Asia
Nick brings over thirty years of experience across alternative investments, hedge funds, and asset management, with senior leadership roles as Partner, Portfolio Manager, and COO in Hong Kong and the UK. He has led fund launches, platform build-outs, and risk and regulatory oversight through periods of market stress, with a strong track record of disciplined operational execution.
Thavy Read
Chief HR Officer
Based in Hong Kong, Thavy leads people strategy across talent, culture, and governance in a highly regulated international environment. She brings extensive multi-jurisdiction HR leadership experience and is known for pragmatic judgment, fairness, and clear execution on complex workforce and organisational matters.
Luke Lam
Head of Software Development
Luke leads the development of GFO-X's core software platforms, with deep expertise in low-latency, high-reliability trading systems. His background spans market data, order management, execution engines, and infrastructure, including automated trading and market-making systems used across major Asia-Pacific exchanges.
Huong Hauduc
Head of Legal
Huong has held senior legal leadership roles across financial institutions and market infrastructure firms, including General Counsel and Chief Compliance Officer positions at regulated digital asset and brokerage businesses and Head of Legal at a major derivatives clearing house. She brings deep experience in cross-border licensing, regulatory investigations, market entry, and product legal frameworks in complex, evolving regulatory environments.
Mark Lovell
Head of Platform and Market Operations
Mark brings over twenty-five years of front-to-back market operations experience across futures, options, and OTC markets, with senior roles at Bank of America Merrill Lynch, Deutsche Bank, Societe Generale, Traiana, SunGard (now FIS), and Newedge. He has led major regulatory and infrastructure programmes including MiFID II, EMIR, CFTC Rewrite, and Brexit implementation.
Neil Thomas
Head of Business Development
Neil has held senior commercial leadership roles at SIX Group and Thomson Reuters and was a founding leader of a MAS-regulated digital asset and digital securities exchange. He brings a strong track record of launching exchange businesses, building institutional client franchises, and driving growth in regulated market infrastructure.
Barry Gausden
Head of AI and Innovation
Barry brings deep expertise in AI, advanced analytics, low-latency trading systems, and algorithmic platforms, with a strong track record of turning emerging technologies into market-ready solutions. He has held senior product and technology leadership roles across global fintech firms, including leading regional strategy for high-performance trading platforms in Asia.
Magda Barszczewska
Head of Finance
Magda brings deep expertise across management accounting, financial planning, tax, capital adequacy, and regulatory reporting, with a strong track record of building scalable finance functions in regulated environments. She has led multi-entity finance teams, supported international expansion and post-Brexit restructuring, and implemented robust financial controls and systems.
Lee Hogarth
Head of Markets Surveillance
Lee brings over three decades of experience across derivatives, fixed income, FX, commodities, and equities, with senior surveillance and trading roles across major exchanges and market participants. He has led benchmark surveillance programmes and worked closely with regulators and oversight committees to uphold market integrity in highly regulated environments.
Alicia Ju
Head of Project Management
Alicia has held senior roles at Goldman Sachs and Deloitte, leading global programmes and governance frameworks across markets, risk, and control functions. With experience across the UK, US, and China, she is known for turning complex requirements into disciplined, cross-functional delivery in regulated environments.
Francesca Fiorilli
Head of Quantitative and Data Analysis
Francesca leads quantitative and data strategy across analytics, modelling, and systematic decision-making, with deep multi-asset expertise spanning equities, fixed income, FX, derivatives, and digital assets. A former academic, she holds a Ph.D. from NYU Tandon and a Master's from La Sapienza, and is known for translating complex quantitative insight into commercial outcomes.
Advisors and Board Observers
Dom Penton
Strategic Advisor
Dom has held senior leadership roles in global investment markets, including Managing Director and Head of Equity Sales at Bank of America Merrill Lynch in Hong Kong and the UK. More recently, he has worked on product development at Floww and strategic consulting on digital asset initiatives, bringing practical governance and regulatory insight across traditional and emerging markets.
Simon Fraser
Strategic Advisor
Simon brings hands-on leadership across listed derivatives and OTC market structure, execution, and clearing, including leading APAC Futures & Options client solutions and product development at Bank of America Merrill Lynch. He has managed regional teams delivering trading and clearing solutions across major exchanges and CCPs, and brings deep practitioner insight to strategic market infrastructure decisions.
Roger Barton
Board Observer
12-year Non-Executive Director on ICE's European and Middle Eastern exchanges, CCPs, and trade repositories. Former chair of Risk Committees at ICE Clear Europe and LCH.Clearnet. Recognised expert in financial market infrastructure regulation across the UK, US, EU, and Abu Dhabi.
David Kenmir
Board Observer
13 years at PwC as a Financial Services Risk & Regulatory Partner. 20 years at UK financial regulatory bodies including the FSA (now FCA), holding senior roles including COO and MD of Retail Markets. Now serves as Independent Non-Executive Director and Advisor.
Pierre-Dominique Renard
Strategic Advisor
Chief of Staff of LCH SA from 2014, responsible for EMIR, MiFID 1 & 2, and CSDR implementation. Career at Euronext, Clearnet SA, and LCH SA spanning 30 years. Currently leads CBDC experiments at Banque de France and teaches at Université Paris 1.
Frederick Towfigh
Chairman
Fred brings a long-standing Asia-Pacific markets career, with senior leadership roles at Goldman Sachs including Partner and President of Goldman Sachs (Singapore), and later Operating Partner at SoftBank Investment Advisors. He has led major regional franchises across prime brokerage, futures, electronic trading, and equities, and now advises early-stage fintech businesses on growth and governance.
James Paradise
Senior Board Advisor
James held senior leadership roles at Goldman Sachs, including co-President of Asia Pacific ex-Japan and Head of Global Markets in Asia Pacific. He has served on firmwide and regional management, risk, and governance committees and brings board-level experience across market structure, institutional businesses, and large-scale global market operations.
Careers
Join a team building core market infrastructure
At GFO-X, we value ownership, integrity, and collaboration. We take an AI first approach toward problem-solving. We work in small, high-impact teams where people are trusted to solve meaningful problems, share ideas openly, and help shape a resilient global market infrastructure business.
Current Open Roles
We are currently hiring across technology, operations, legal and compliance, and commercial functions, with active openings in Hong Kong, London, and Abu Dhabi.
Whether you are early in your career or stepping into a leadership role, these positions offer direct exposure to institutional-grade market infrastructure and cross-functional delivery.
Interns
We are hiring two interns to support the build-out of our production trading platform in Hong Kong, working directly with senior engineers and the Head of Software Development.
This is a hands-on role focused on low-latency, high-throughput systems for a regulated and centrally cleared digital asset derivatives venue.
Apply on MoorepayLegal & Compliance Associate
Join a cross-functional legal and compliance team supporting regulated market infrastructure across multiple jurisdictions.
The role includes legal research, drafting, KYC/AML support, and regulatory coordination with internal stakeholders and external counsel.
View on LinkedInQA Lead
Lead quality strategy and testing practices for mission-critical trading systems, partnering closely with engineering and product teams.
Ideal for candidates with strong QA leadership experience in C++ and high-performance trading environments.
Find out moreDo not see the right fit yet? We are always interested in hearing from exceptional candidates in engineering, operations, legal, and market structure. Send your profile to recruitment@gfo-x.com and we will keep you in mind for upcoming opportunities.