Alexander Lipton (Abu Dhabi Investment Authority)
Forex trading using consensus as a service on blockchains
Abstract: We present an automated market-making (AMM) cross-settlement mechanism for digital assets on interoperable blockchains, focusing on central bank digital currencies (CBDCs) and stable coins. We develop an innovative approach for generating fair exchange rates for on-chain assets consistent with traditional off-chain markets. We illustrate the efficacy of our approach on realized FX rates for G-10 currencies.
ABOUT THE SPEAKER:
Alexander Lipton is Co-Founder and Chief Information Officer of Sila, Partner at Numeraire, Visiting Professor and Dean’s Fellow at HUJI, and Connection Science Fellow at MIT. Alex is an advisor to several fintech companies worldwide. Previously, he was Co-Head of the Global Quantitative Group at Bank of America. Earlier, he was a senior manager at Citadel, Credit Suisse, Deutsche Bank, and Bankers Trust. In parallel, Alex held visiting professorships at EPFL, NYU, Oxford, and Imperial College. Before becoming a banker, Alex was a Professor of Mathematics at the University of Illinois and a Consultant at Los Alamos. He has authored/edited 11 books and more than a hundred scientific papers. In 2000 he received the Inaugural Quant of the Year Award and Risk Magazine's Buy-side Quant of the Year Award in 2021.