market-structure

(8)
Legend
Anish Karyat Spent Two Decades Teaching Bonds to Move Faster
Executive · Operator

Anish Karyat Spent Two Decades Teaching Bonds to Move Faster

After 15 years at Jane Street and a turn leading systematic credit at Citadel Securities, Anish Karyat joined former colleagues at Moment. His assignment is familiar in principle and larger in scope: turn the bond market's hard-won human judgment into software.

anish-karyat · fixed-incomeRead →
Legend
Peter Bai Is Turning Market Friction Into an Execution Business
Founder · Executive · Operator

Peter Bai Is Turning Market Friction Into an Execution Business

He entered exchange infrastructure at 17, joined a $12.8 billion fund a year later, and found his startup idea in a trade that was too awkward to place. Now Sequence Markets wants one market view to become one executable path.

peter-bai · sequence-marketsRead →
Legend
Brandon Mulvihill Is Rebuilding Crypto's Market Plumbing
Founder · Operator · Executive

Brandon Mulvihill Is Rebuilding Crypto's Market Plumbing

After nearly two decades in foreign exchange, he left Jefferies to separate crypto execution from custody and brokerage. Four years later, Crossover Markets has processed more than $50 billion in trades - and brought Tradeweb into institutional crypto.

brandon-mulvihill · crossover-marketsRead →
Legend
Eva Sehic
Executive · Operator · Advisor

Eva Sehic

Eva Sehic is the CEO of Lime Trading, a New York agency broker that provides fast, scalable direct market access to US equities and options markets. She stepped into the top job in September 2024 after joining as COO a year earlier, and brings more than two decades of markets experience from Goldman Sachs, Deutsche Bank and Sberbank's New York operation, where she served as COO and CEO. Known for pairing operational discipline with a bet on AI, blockchain and machine learning, she was named Excellence in Innovation winner at the 2024 Markets Media Women in Finance Awards and Vendor Professional of the Year at the 2025 Witad Awards.

eva-sehic · lime-tradingRead →
Legend
Jonathan Birnbaum
Founder · Executive · Operator

Jonathan Birnbaum

Jonathan Birnbaum is the founder and CEO of OpenYield, a New York-based fixed income marketplace that brings an equity-like, fully automated trading experience to bonds. A former US credit trading COO at Morgan Stanley and fixed income execution lead at Bridgewater Associates, he later helped build consumer investing platforms as general manager of SoFi Invest and founding COO of Domain Money. He founded OpenYield in 2023 to make bonds cheap and easy to trade for retail investors, backed by a 2026 Series A of more than $6 million from investors including LeveL Markets, Draper Associates, Canapi Ventures and Clocktower Ventures.

jonathan-birnbaum · jon-birnbaumRead →
Legend
Matthew Cohen
Founder · Executive · Operator

Matthew Cohen

Matthew Cohen is the co-founder and chief executive of Provable Markets, a New York fintech running Aurora, an SEC-registered Alternative Trading System for securities lending. After 15 years trading equity finance at Bank of America Merrill Lynch, Jefferies, and Nomura, Cohen partnered with cryptographer Thomer Gil in 2020 to apply secure multi-party computation to a market that had run for decades on phone calls, spreadsheets, and information leakage. In 2022 Provable ran the first securities lending transaction cleared through DTCC's SFT service. In May 2024 the company raised an $8M Series A led by Dialectic Capital Management.

provable-markets · securities-lendingRead →
Legend
Sam Tegel
Founder · Executive · Operator

Sam Tegel

Sam Tegel is the CEO of ElectronX, the Chicago-based exchange that in 2026 launched the first U.S.-regulated, direct-access power derivatives market. After more than two decades building market-making and liquidity businesses at firms like Jump Trading, Millennium, Sun Trading and Caherciveen Partners, Tegel now sells 1-megawatt-hour electricity futures and binary options to anyone exposed to the wild swings of the modern grid - from battery operators to bitcoin miners. ElectronX has raised more than $55 million and holds both Designated Contract Market and Designated Clearing Organization status from the CFTC.

electronx · energy-tradingRead →
Legend
David George
Investor · Executive · Advisor

David George

David George is a General Partner at Andreessen Horowitz (a16z), where he leads the firm's Growth investing practice - a $15 billion operation he built from scratch after joining in 2019. A former General Atlantic investor who backed Airbnb, Slack, CrowdStrike, and Uber at growth stage, George brings a ruthlessly analytical, 'business model snob' approach to late-stage venture. He has since backed Roblox, Databricks, SpaceX, Stripe, Figma, OpenAI, and Anduril, developing distinctive frameworks around 'what vs. how' innovations, push vs. pull market dynamics, and winner-take-all market structures. A Kentucky native with a wrestling background, a Notre Dame summa cum laude degree, and an MBA from Stanford GSB, George is known for his competitive intensity, deep intellectual frameworks, and a Post-it note on his computer that reads: 'Is the market demanding more of my product?'

venture-capital · growth-investingRead →