Blue sky option traders bitcoin

By: Lu White Date: 01.06.2017

What's it really like to work at Chicago startups and tech companies? Blue Sky's Inside Job lets people on the ground tell us in their own words.

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Cumberland Mining is a subsidiary of DRW, one of the largest principal trading firms in the financial sector, mostly in traditional products and securities. So we handle anything and everything related to trading and liquidity related to those products.

DRW is members. People contact us to either buy or sell institutional-sized amounts of bitcoin or other cryptocurrencies. Generally, that comes through me.

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Very simply put, a cryptocurrency is a digital asset. One of the primary use cases is for the transfer of value, and the transactions are secured through cryptography. Bitcoin is probably the most notable one because it has the largest market cap. There are about 2, or so cryptocurrencies out there now.

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If you think about it, bitcoin is just data. Both my parents are from Seoul.

blue sky option traders bitcoin

They moved to the East Coast, to Philadelphia, in the s from Venezuela. I was born and raised in Philadelphia and stayed for college there at Villanova University. I found a job at a company called SecondMarket, a startup at the time that was a marketplace for illiquid assets or securities.

What's it really like to work at a Chicago tech company or startup? Blue Sky finds out in its Inside Job series, which visits Grubhub, Braintree, Yelp and others. My wife, Hyemi, and I, met in college; she went to New York University, where my cousin went. But we never paid much attention to each other until I moved to New York and had no job and no money, and we just started to hang out because I had no friends.

We started dating when I had no job. Four years later, we ended up getting married. I started here in September, but I had been working at DRW since May in their New York office.

When you think about startups, you think about someone who created an app, or someone who created some sort of retail-focusing product. Having come from startups that had nothing — you had to build everything from scratch, everything was on you — to a company like Cumberland Mining that needed some of that but still had the structure of over 20 years of history, that was really great.

Our team basically works together to collaborate on different strategies. One of the big things Cumberland Mining and DRW allows me to do is become more of a person within the bitcoin community, and I think that helps.

That level of autonomy, to be able to do what I think is correct, to build relationships and build the brand, is great. The one perk that kind of screamed at me coming to DRW was the fro-yo machine.

There are two new flavors every single week. We have wine tasting, beer tasting, whisky tasting.

DRW provides an environment for their workers so they feel like they can really concentrate on their goals and what they want to do for the business. We just want you to be the best thinker, entrepreneur, trader, whatever it may be that you can possibly be at DRW. As told to freelance reporter Erin Chan Ding. Stories are edited for length and clarity. Blue Sky Innovation Blue Sky Originals. Inside Job He's a bitcoin trader who snacks on fro-yo at Cumberland Mining.

blue sky option traders bitcoin

Bobby Cho, 32, is a trader of cryptocurrencies at Cumberland Mining, a DRW company. Erin Chan Ding Blue Sky Innovation. Bobby Cho, 32, trader of cryptocurrencies at Cumberland Mining, a DRW company.

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