Cryptocurrency Derivatives Brokerage

Ex Goldman Director Launches Bitcoin Derivatives Brokerage
http://insurancenewsnet.com/oarticle/2015/02/25/ex-goldman-director-launches-bitcoin-derivatives-brokerage-a-598461.html
https://www.cryptofacilities.com/

Has anyone looked into this? Does anyone know the operators?

Can something like this be hosted on the Ethereum network? I'm guessing it would depend on if Ethereum contracts could generate and use private Bitcoin keys for intermediate storage without revealing them. Is that possible?

Also, is anyone working on something similar for Ethereum? I hate having to trust a third party to exchange; it would be nice if this were managed by smart contracts.

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