Asia

Citi joins UBS in setting up its eFX trading hub in Singapore with support from the Monetary Authority in Singapore.

HKEX will take a majority stake in Ronghui Tongjin, an exchange technology specialist based in Shenzhen.

The Japan Securities Clearing Corporation granted Barclays clearing authorisation in November as it looks to expand its clearing business and presence in Asia. 

Morgan Stanley’s institutional equity division head in Japan will take over as CEO in Japan, as Jonathan Kindred confirms his retirement.

The TRADE’s 2018 APAC Algorithmic Trading Survey shows the recent trend of improving performance shows no signs of slowing down.

HKEX will develop new systems for the proposed paperless regime, which could be in place by early 2022. 

FX trading firm LMAX Exchange has made two appointments to its sales team in Asia Pacific as it targets growth in the region.

Bloomberg claims position as the first platform connected to CFETS to offer global investors access to the CIBM Direct and Bond Connect initiatives.

Cindy Chen will oversee the post-trade business development team, as well as the blockchain project HKEX is working on with Digital Asset.

Roger Lee will retire on 1 January 2019 after more than 20 years with HKEX.