Bullish to acquire Equiniti from Siris in $4.2 billion transaction. Read more.

Bullish and Kemet Trading integrate to deliver smart execution for institutional traders

News
July 9, 2026
3
MIN READ
Published by:
Bullish (GI) Limited

Cayman Islands – 9 July 2026 – Bullish (NYSE: BLSH), an institutionally focused global digital asset platform that provides regulated market infrastructure and information services, today announced its integration with Kemet Trading, a digital asset trading platform specialising in smart execution algorithms for delta one and options markets. The partnership integrates Kemet's advanced execution toolset into Bullish's exchange, giving institutions access to sophisticated derivatives execution capabilities against Bullish's deep liquidity.

Kemet is built for institutional derivatives trading, combining order and execution management with real-time portfolio and risk management. Its platform supports advanced multi-leg options strategies, smart order routing, automatic delta hedging, and spread trading algorithms, capabilities institutional desks rely on to execute sophisticated derivatives strategies. Kemet's integration into Bullish brings these capabilities to customers trading on the exchange, combining advanced smart execution with Bullish's trusted derivatives offering, deep liquidity and consistent market depth.

"Institutional participation in digital asset options is accelerating, and traders need execution tools that match the sophistication of the broader derivatives markets. I'm delighted to bring Bullish's deep liquidity to Kemet, giving institutions a trusted, regulated venue to trade alongside the smart execution tools they already rely on." said Chris Tyrer, President of Bullish Exchange

"Bullish has built one of the most sophisticated institutional venues for digital asset trading. Integrating our execution algorithms with Bullish's platform extends institutional options traders the kind of cross-venue execution intelligence that has long been standard in traditional derivatives markets," said Ash Ashmawy, Founder and CEO of Kemet Trading.

Bullish's perpetuals, dated futures and options contracts are settled in USDC and benefit from Bullish Portfolio Margining (BPM), a scenario-based margin framework purpose-built for cross-product capital efficiency. BPM nets positions across spot, perpetuals, futures, and options on the same underlying, reducing margin requirements on delta-hedged positions by up to 50%. Every listed spot asset contributes to collateral, with no haircut applied to USD and stablecoins on the first $1 billion. Bullish options are written on dated futures, enabling futures-style margining with hourly settlement in which unrealized P&L counts toward available margin in real time. 

News published by Bullish (GI) Limited.

Media Contacts

Secure by design.
Bullish’s hardware, software, and operational safeguards ensure platform security and the safety of customer funds. We operate as a full reserve exchange, ensuring that customer assets are consistently maintained in a 1:1 ratio and segregated from Bullish assets.
About Bullish
Use of Websites to Distribute Material Company Information
Legal Disclaimer
Forward-Looking Statements

DE The information on this website is aimed solely at qualified investors in Hong Kong. It is not intended for use by any other type of investor. By agreeing to access the information contained on this website, you are deemed to be representing and warranting that you are (1) a person falling under paragraphs (a) to (i) of  the definition of “professional investor” in section 1 of Part 1 of Schedule 1 to the  Securities and Futures Ordinance; or (2) a person within the meaning of section 4, 6  (other than a person referred to in section 6(b)(ii)) or 7 of the Securities and Futures  (Professional Investor) Rules. Important note: Only spot trading in select markets is available in Hong Kong for qualified investors. Bullish (GI) Limited (CE BTW125) has not been licensed by the Securities and Futures Commission and may not eventually be granted a licence as the Commission may refuse its licence application or its application may be withdrawn. It is only deemed to be licensed under the Anti-Money Laundering and Counter Terrorist Financing Ordinance.

I agree

This website is for qualified investors in Hong Kong. Qualified investors are persons covered by paragraphs (a) to (i) of the definition of “professional investor” in section 1 of Part 1 of Schedule 1 to the Securities and Futures Ordinance or section 4, 6 (other than a person referred to in section 6(b)(ii)) or 7 of the Securities and Futures (Professional Investor) Rules.  Spot trading only.

OK

Thanks for your interest in Bullish. While our services aren't available in your location right now, you're welcome to explore the site to see what we're about.

I understand

We noticed you're accessing our site from the United States. Click 'OK' below to be taken to our dedicated US website.

OK

Services are available in the United Kingdom only to investment professionals or high net worth entities, as defined in sections 19 and 49 of the Financial Services and Markets Act 2000 (Financial Promotions) Order 2005 (as amended).

I agree