Crypto exchange Bybit has appointed former Jump Trading executive as head of derivatives and institutional business as it continues to expand its institutional offering.

Bybit has named Sean Ballard as head of derivatives and institutional business, with responsibility for the exchange's derivatives operations, institutional trading business, trading risk and exchange technology. Ballard joins the Dubai-based crypto exchange from Jump Trading Ballard joins the Dubai-based crypto exchange from Jump Trading, where he led the firm's high-frequency futures trading business across the US, EMEA and Latin America. He also worked on trading initiatives within the Ju