Meet Annanay Kapila, Founder & CEO of QFEX — the Cambridge math grad who managed $10B/day in quant strategies before walking away to build something real. Kapila spent years as a quant trader at Flow Traders and Tower Research Capital, running strategies that moved more money in a day than most countries see in a year. The pay was exceptional. But watching firms exploit structural flaws in legacy markets left him convinced the system needed to be rebuilt, not gamed. In 2025, he co-founded QFEX in San Francisco with former Citadel engineer Joshua Wharton — a 24/7 perpetual futures exchange…
Monday, June 15
