# Jump Trading Creates Compute Trading Unit Through Ito Markets Acqui-Hire

By Simon Yoon

Canonical URL: https://www.tokenpost.com/news/technology/30961
Published: 2026-10-13T09:03:38.000Z
Updated: 2026-10-13T09:03:38.000Z
Section: Technology

> The trading firm recruited Ito Markets founders Affaan Mustafa and Alejandro Soumah Fernandez. Financial terms were not disclosed.

Jump Trading has created an internal unit focused on trading computing capacity and recruited Ito Markets founders Affaan Mustafa and Alejandro Soumah Fernandez through an acqui-hire.

The terms of the transaction were not disclosed.

The initiative comes as demand for computing resources grows alongside AI development. Jump Trading’s new unit will focus on computing capacity as demand for such resources grows alongside AI development.

The move builds on Jump Trading’s use of artificial intelligence in quantitative research. The firm has [integrated ChatGPT into its quantitative research workflow](<https://www.tokenpost.com/news/technology/27891>), using longer-running data-analysis processes to support trading-strategy development while researchers review the results.

Jump Trading also operates Jump Crypto, its digital-asset division focused on cryptocurrency and blockchain research.



## Links in this article

- [integrated ChatGPT into its quantitative research workflow](https://www.tokenpost.com/news/technology/27891)
