Philip Weisberg to be Strategic Advisor of oneZero

A provider of trading technology - oneZero Financial Systems, has stated former Thomson Reuters’ head of FX trading Philip Weisberg as a Strategic Advisor
19 June 2018   480

The founder and former CEO of FX multi-dealer platform FXall, Mr. Weisberg, is also managing Matzliach Capital LLC, a consulting company that also invests in growth stage financial and technology firms, a position he will maintain along with his new advisory role at oneZero. 

Philip is also carrying the same function with several customers of Matzliach Capital including cryptocurrency exchange & trading platform B2C2 and AxiomSL, a provider of regulatory reporting, data, and risk management resolves. Reporting on his new role, Philip Weisberg claimed: 

As an early innovator and advocate for market ecosystems, I have watched the evolution of oneZero as an industry participant and have been impressed with the talent, passion and integrity of their team. I have been truly impressed with the speed, reliability and efficiency of their technology which can provide a competitive advantage for anyone they partner with. I am extremely pleased to join the company as an Advisor to help support oneZero’s rapid growth at this stage in their evolution as they expand their offerings. With the rapid change in global markets, I know oneZero is well-positioned and look forward to helping the company capitalize on its full potential and new opportunities.
Philip Weisberg
Founder, FXall

In 2013, Philip Weisberg became Global Head of FX for Thomson Reuters’ trading platform business Marketplaces, as part of a management shake-up that came 5 months after it acquired FXall. He got in the information provider when it purchased FXall, the currency trading platform he helped found, for $625 million. 

Bitfinex to List BCH' Chain Split Tokens

Bitfinex warned that support for BAB and BSV could be temporary
14 November 2018   56

The Hong Kong cryptocurrency exchange Bitfinex has listed the so-called Chain Split tokens for the two implementations of the Bitcoin Cash protocol. Bitcoin Cash hardfork is planned on 15th of November.

BAB [Bitcoin ABC client] and BSV [Bitcoin SV client] tokens will be traded in pairs with Bitcoin and the US dollar. The Token Manager tool will allow users to convert their Bitcoin Cash into one of the tokens. This process is reversible, Bitfinex emphasized. At the same time, marginal trade in tokens will be unavailable.

After snapshot of the network, the corresponding coins will be automatically converted into BAB and BSV onchain tokens, and all current Bitcoin Cash holders will receive an equivalent number of coins. However, if the user has a short BCH position at the time of the snapshot, the margin will be canceled, and the borrower, if he does not have enough tokens, will have to cover the negative balance sheets until December 31.

Bitfinex also warned that support for BAB and BSV could be temporary, and that as soon as all negative balances were covered, the exchange could delist them, allowing limited time for withdrawal.