Paul Chou

Paul Chou Occupation Co-Founder and Former CEO of LedgerX Personal Twitter @paul_l_chou LinkedIn Profile Paul L. Chou was the chief executive officer and co-founder of LedgerX, a trading and clearing platform for bitcoin options. He is a securities trader, software engineer and financial entrepreneur. He was appointed to the CFTC’s Technology Advisory Committee (TAC) in January 2016, but was removed from the committee in September of 2019 by the CFTC's unanimous decision after he wrote a post on a blog implying that former CFTC Chair Chris Giancarlo had given preferential treatment to the ICE/Bakkt bitcoin futures approval over LedgerX. Chou was placed on administrative leave by LedgerX in December 2019 along with his wife, Juthica Chou, who served as the company's president and chief risk officer. A January 14, 2020 company announcement about personnel changes revealed that both Chous' departures were permanent. Background Before becoming CEO of LedgerX, Chou co-founded and ran Opez, a software company that received funding from the Y Combinator program, a startup accelerator fund which has sponsored Dropbox, Reddit and Airbnb. Prior to Opez, Chou was a trader on the quantitative cash trading desk within the securities division of Goldman Sachs, where he was responsible for the development, trading and risk management of algorithmic equity trading strategies for U.S. and Japanese markets. Education He received a B.S. in Computer Science and a B.S. in Mathematics from the Massachusetts Institute of Technology. While at MIT, he worked in the Laboratory for Financial Engineering to develop models of market participant behavior in limit order books given the introduction of stochastic, asymmetric information. References

John Lothian News Feed John Lothian: Week in Review (August 31st - September 4th, 2026) JLN PRESS ROOM PICK OF THE WEEK Kalshi goes after the big traders on CME and Cboe’s home turf Online prediction market operator Kalshi made its name over the last five years catering to individual... View Page Why On-Chain Options Are Ready for Their Breakout Moment OBSERVATIONS Cboe Global Markets reported August 2026 average daily volume gains against the previous year in index options (up 17.4% to 5.74 million contracts), multi-listed options (up 3.3% to 14... View Page Robinhood - MarketsWiki, A Commonwealth of Market Knowledge View Page AMC Boss Slams Robinhood, Calls Stock Token ‘Quasi-Fake Market’ First Read Hits & Takes John Lothian & JLN Staff The Chicago Bears kick off the 2026 season at the Carolina Panthers on Sunday, September 13, but you won’t see any signs for Kalshi or Polym... View Page Two Aussies Walk Into Chicago and Bet the Farm on the Hat Trick Can you trade NHL team performance like a commodity? FutureSports co-founders Leigh Taylforth and Rhett Dinsdale are bringing the world’s first NHL team futures to the CME Group. Moving away from t... View Page Options volume erupts in retail trading favorites as Robinhood, Tesla surge OBSERVATIONS Global futures and options exchanges posted strong August 2026 activity, led by OCC‘s total cleared volume of more than 1.44 billion contracts, up 14.4% year over year, with 2026 year-... View Page We visit more than 100 websites daily for financial news (Would YOU do that?). Read the John Lothian Newsletter. FREE 90 day trial