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Phemex Origin

Where does Phemex name come from? On what values we based our company on? In this section, we will cover these topics about Phemex.

Phemex, Trade Simple

Where do we come from? What are our values?

Led by over 8 former Morgan Stanley Executives, Phemex is building the world’s most trustworthy cryptocurrency derivatives trading platform. Phemex leverages a “User-Oriented” approach to develop far more powerful features than any existing exchange for traders to easily buy & sell contracts with trust. Phemex’s design criteria are <1ms latency speed, >300k transactions / second, >99.9999% availability; Phemex will also support FIX API, sub-accounts & L3 market data. Phemex references the Greek Goddess of fame and good repute Pheme.

The company name, Phemex, combines the words Pheme and MEX. In Greek mythology, Pheme is the personification of fame and the public voice, and MEX refers to any mercantile exchange. The name wants to highlight our vision and dedication to become the most trustworthy trading platform. We work together every day to create a platform that allows users to transact with efficiency, simplicity and more importantly, trust.

Did you know that? Phemex is registered in BVI and works with more than 35 technical talents in China, Korea, Japan, the USA, and Singapore.

To learn about our core members click here.

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Updated on November 20, 2019

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