Amercanex Taps Wall Street Veteran Jim Miller for CTO Role

Amercanex, the American Cannabis Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term, today announced that it has tapped Jim Miller to become Amercanex’s new Chief Technology Officer. Amercanex is the first fully electronic cannabis marketplace in the United States where cultivators, wholesale distributors and retail vendors can buy, sell, or exchange their inventories in a transparent intra-state market. The venue has a track record of hiring top Wall Street executives making the switch to the emerging field.

Jim Miller is an accomplished CTO and entrepreneur in the financial technology space, helping innovative technology companies deliver on their business visions. Jim’s extensive technology expertise extends into the financial services sector, having developed leading technology systems with Credit and Fixed Income, as well as the Credit Derivatives arena.

“We are very excited to welcome Jim on board,” said Steve Janic, CEO of Amercanex. “Jim is a very well respected, accomplished CTO on Wall Street – he’s the perfect person we need to help steward our innovative technology solutions in the Cannabis Industry,” said Janjic.

Miller has worked for some of Wall Street’s most respected firms, including Barclays Capital, Creditex and most recently as the co-founder of trueEX LLC, the first Exchange to gain CFTC regulatory approval to trade Interest Rate Swaps Swaps Swaps can be defined as a derivate contact composed of two parties that exchange to cash flow between two separate financial instruments.They are generally divided into two categories. This includes contingent claims (options) and forward claims, where forward contracts, swaps, and exchange-traded funds (ETFs) are exchanged. Commodity price, equity price, interest rate, and foreign exchange rate are common variables used as one of the cash flows in swaps upon initiation. Different Types of Swaps Swaps can be defined as a derivate contact composed of two parties that exchange to cash flow between two separate financial instruments.They are generally divided into two categories. This includes contingent claims (options) and forward claims, where forward contracts, swaps, and exchange-traded funds (ETFs) are exchanged. Commodity price, equity price, interest rate, and foreign exchange rate are common variables used as one of the cash flows in swaps upon initiation. Different Types of Swaps Read this Term. Jim holds a Masters degree in Information Sciences from Virginia Polytechnic Institute and State University along with a Bachelor's degree in Business.

Executives like Jim Miller from around the globe are moving into the Cannabis Industry - one of the fastest growing markets today. Amercanex says it remains committed to helping the Cannabis Industry continue to take the next steps out of the black market and into the light of the 21st century in a fully regulated environment.