Now you can trade Bitcoin in milliseconds on Coinsetter, the only New York City-based institutional platform. Founder and CEO Jaron Lukasiewicz joins us today to tell us all about it.

Tell us about the service.

Coinsetter is a high performance-margin trading platform and ECN exchange for Bitcoin. We will soon aggregate liquidity from other global exchanges on top of our own millisecond matching engine to provide a reliable and liquid trading option to a predominately US customer base. In short, you can think of us as Forex.com for Bitcoin.

How is it different?

Many companies are launching in the Bitcoin space, but none have the combination of Wall Street technical expertise, the human touch with customers and connections to banks in and outside of the US like we do. We believe we’re the “full package,” and have a team that is making visible progress in development, marketing and regulation.

What market are you attacking and how big is it?

We are in the first inning of a fast growing exchange market. $500 million of monthly trading volume is currently being transacted in the bitcoin space, and we believe this will grow to at least $3 billion by the end of 2014.

Bitcoin will displace most of the major payment networks currently in place.

What is the Coinsetter business model?

Understand and operate in accordance with regulation, treat customers like our own best friends and build technology that won’t break down.

Why is your team the right one to get the job done?

Our team communicates effectively with each other, and we deeply understand the bitcoin space.

What are the milestones that you plan to achieve within 6 months?

$100mm in monthly trading volume, obtain more bank accounts both in and outside of the US, and be the first exchange to accept customers in all 50 US states.

If you could speak with one investor in the New York community, who would it be and why?

Roger Ehrenberg. He’s the leader in the FinTech space.

Why are you launching in New York?

New York City is the perfect place for a FinTech company. Potential customers are able to stop by our office, and that is a huge value point for us.