Leadership Changes at 100x Group

8 Oct, 2020

Following recent legal filings in the United States, and with the full approval of the Founders, changes have been made to the leadership of 100x Group, the holding group for HDR Global Trading Limited, owner and operator of the BitMEX platform.

Vivien Khoo, Chief Operating Officer of 100x Group, will become Interim CEO, assuming additional operational responsibilities. She joined the company in July 2019, moving from her role as Managing Director, Asia Pacific Compliance at Goldman Sachs. Previously, she held positions at the Hong Kong Securities & Futures Commission.

Ben Radclyffe, in his role as Commercial Director, will have enhanced responsibility for client relationship handling and oversight of financial products. He joined the company in March 2020, with a 20-year background in finance and trading technology with Deutsche Bank, UBS and Tower Research Capital.

Founders Arthur Hayes and Samuel Reed have stepped back from all executive management responsibilities for their respective CEO and CTO roles with immediate effect. With fellow Founder Ben Delo, they will not hold executive positions in the 100x Group. Additionally, Greg Dwyer will take a leave of absence from his role as Head of Business Development.

Our senior leaders within our technology team will continue the day-to-day management of the BitMEX platform, including ongoing efforts to enhance the performance of the platform.

David Wong, Chairman of 100x Group, commented, “These changes to our executive leadership mean we can focus on our core business of offering superior trading opportunities for all our clients through the BitMEX platform, whilst maintaining the highest standards of corporate governance. We have an exceptional senior leadership team who are well-placed to continue the growth and development of the 100x Group, including completion of the BitMEX User Verification Programme. It is business as usual for us and we thank all clients for their continued support.”