NYSE’s information chief joins crypto exchange

Crypto exchange Gemini will implement Nasdaq SMARTS Market Surveillance with Robert Cornish overseeing the project later this month.

Digital asset exchange Gemini has hired the former chief information officer at the New York Stock Exchange (NYSE) to oversee its technology strategy.

Robert Cornish has been appointed Gemini’s first-ever chief technology officer after spending just over a year at NYSE leading the exchange’s technology team. He previously worked at the International Securities Exchange (ISE) in various senior roles including chief information officer and chief information security officer.

On top of overseeing the exchange’s technology team, Cornish will immediately lead the deployment of Nasdaq’s SMARTS Market Surveillance technology to allow Gemini to monitor all order books and auctions which determine the settlement price of Bitcoin Futures on Cboe Futures Exchange. 

Cornish is globally recognised for his ability to lead engineering teams, according to Gemini’s CEO and Bitcoin advocator Tyler Winklevoss, with extensive expertise in exchange and matching-engine architecture.

“Rob is a tremendous addition to our team,” Winklevoss added. “He will ensure that Gemini continues to deliver the best platform experience to our customers as possible and set the standards of excellence for the cryptocurrency industry as a whole.”

Gemini has seen significant growth over the past year and it recently become the first licensed exchange for cryptocurrencies Zcash, Bitcoin cash and Litecoin.

Approval from the from the New York State Department of Financial Services (NYDFS) means the exchange can offer trading and custody of Zcash, Bitcoin Cash and Litecoin, which is expected to rolled out in the coming months.

Gemini was established in 2014 by brothers Cameron and Tyler Winklevoss who are both renowned for having become two of the first Bitcoin billionaires in the world.