Former Morgan Stanley developers teamed up to create a new crypto derivatives exchange, equipped with its own cold wallet, major transaction speeds, and more. According to a recent announcement, a new high-speed crypto derivatives exchange called Phemex is expected to see its launch in the near future. The exchange will supposedly be fast enough to execute trades in less than a millisecond, and will serve institutional and retail investors alike. The new exchange was createdRead MoreThe post Ex-Morgan Stanley Devs Launch High-Speed Crypto Exchange appeared first on Bitcoinist.com.