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Why millennial former equity trader has plunged head first into cryptocurrency exchange

  • Andrew Wong left a high-flying job at an investment bank job to become – at 27 – the youngest managing partner at a digital currency platform

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Andrew Wong, managing partner of crypto exchange platform IDCM, responsible for looking to network across aspects of blockchain, cryptocurrency and entrepreneurship. Photo: Abdela Igmirien

There are a lot of Andrew Wongs in the world, but there is only one “Wongy” in the world of cryptocurrencies in Hong Kong.

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This has been the nickname that has stuck with Wong since the Australian moved to the Chinese city to join the investment bank J.P. Morgan Chase’s predominantly Australian-centric desk trading in Asia Equities.

Blockchain is a form of decentralisation that challenged the status quo in an industry such as banking which is behemoth-like and stagnant. The promise of shaking things up appealed to me
Andrew Wong, managing partner, International Digital Currency Markets

Although Wong, 27, was born in Australia, his family moved to Singapore when he was young, before he moved back to Sydney to attend secondary school and study at the city’s Macquarie University.

His career in finance began as a private wealth intern at Deutsche Bank and he later joined J.P. Morgan’s Sydney office on a graduate programme, which saw him rotate through various departments.

Three years later he transferred to Hong Kong to work as an equities trader, focused on sales.

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He traded in linear products across Asian markets, and helped deliver asset strategies and carry out regional execution for more than 200 clients.

It was during this time that he first learnt about the mysterious world of cryptocurrencies and blockchain.

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