Technology
Jump Trading Hires Startup Founders to Lead Compute Desk
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Jump Trading Hires Startup Founders to Lead Compute Desk Jump Trading has hired the founding team of a startup that trades access to computing power, according to a statement on social media, as market makers move into an emerging asset class underpinning the AI boom. Jump has ‘acqui-hired’ Affaan Mustafa and Alejandro Soumah Fernandez, founders of Ito Markets Inc., a proprietary trading startup focused on buying and selling access to computing capacity, according to a post by Ito Markets on...
Jump Trading Hires Startup Founders to Lead Compute Desk
Jump Trading has hired the founding team of a startup that trades access to computing power, according to a statement on social media, as market makers move into an emerging asset class underpinning the AI boom.
Jump has ‘acqui-hired’ Affaan Mustafa and Alejandro Soumah Fernandez, founders of Ito Markets Inc., a proprietary trading startup focused on buying and selling access to computing capacity, according to a post by Ito Markets on X. The pair have joined Jump to lead a new compute trading desk. Financial terms weren’t disclosed.