This episode of The New Money Podcast features Joshua Barraclough, Founder and CEO of One Trading. Josh shares his journey from leading fintech strategy at JP Morgan, to joining Bitpanda as CEO of its exchange business, and ultimately spinning it out to launch One Trading as a fully independent, institutional-grade platform. They dive deep into the complexities of the trading stack, the rise of perpetual futures as crypto’s most powerful financial innovation, and how One Trading rebuilt the infrastructure for regulated perps from scratch, eliminating the need for brokers and clearinghouses. Josh breaks down the 3.5-year regulatory journey with ESMA, ECB, and DNB to bring perps onshore, why CFDs are broken, and how regulation is now a competitive edge in Europe. They also unpack the strategy and execution behind the spinout from Bitpanda, and what it really takes to build next-gen trading infrastructure from the ground up.
Key Chapters
00:00 Introduction to One Trading and Its Vision
04:55 Josh's Career Journey from JP Morgan to the Spinout of One Trading
09:54 JP Morgan's Crypto Perspective and Blockchain Innovation
14:50 Understanding the Trading Stack
20:12 The Evolution of Perpetual Futures
24:49 The Future of Derivatives Trading
29:54 The Bitpanda Spinout
31:30 Competitive Landscape and Market Positioning
37:54 Quickfire Insights on Fintech and Crypto Trends
This is NOT financial, tax, or legal advice
Music by Marcelo Cataldo - http://www.marcelocataldo.com