Michael Safai, Managing Partner of Dexterity Capital

In this episode, Mike Townsend chats with Michael Safai, Managing Partner of Dexterity Capital, a quantitative trading firm focused on solving the hardest problems in finance. By combining brilliant people, world-class technology, and rich proprietary datasets, Dexterity has built an algorithmic execution engine that trades billions of dollars every day.

Dexterity Capital specializes in market-neutral strategies. That means they thrive regardless of whether the bulls or bears are winning. With offices in Seattle, San Francisco, and London they run their strategies 24/7 around the globe.

Chapters

• 0:00 Introduction: Michael Safai, Managing Partner of Dexterity Capital
• 1:09 The Rise and Fall of High-Frequency Trading in Crypto
• 4:12 The Challenges of Integrating Traditional Finance Infrastructure in the Crypto Trading Space
• 8:28 HFT: TradFi and Crypto
• 10:09 Insights on High Frequency Trading in Crypto Markets
• 11:31 A High-Frequency Crypto Trader
• 12:42 The Upstream Benefits of High Frequency Trading in Crypto
• 14:38 The Growing Tension between Governments and Cryptocurrency Exchanges
• 21:07 The Uncertain Future of Crypto in the US
• 28:09 The Intersection of Crypto, Finance, and AI
• 31:08 The Role of AI in Trading and Beyond
• 33:29 The Sophistication of Traders and Trading Techniques in Crypto
• 36:57 The Importance of Secrets in Trading
• 40:26 The Importance of Transparency in Prop Trading
• 41:37 Crypto Regulation: Why Clarity is Key
• 49:41 Why Dexterity Capital?
• 51:26 The Challenges of Governance in Decentralized Finance (DeFi)