Charles Li will now retire in December with HKEX chief operating officer, Calvin Tai, set to take over as interim CEO as the search for a permanent chief executive is undertaken.
Richard Wise, the current chief risk officer Asia Pacific at Credit Suisse, will join HKEX as its new group chief risk officer in November this year.
Brian Lee will join Hong Kong Exchanges and Clearing after working at the Hong Kong Monetary Authority for 25 years.
Eight US dollar-denominated index futures have been listed on the HKEX derivatives market as the exchange rolls out MSCI-based derivatives.
OTC Clear, HKEX’s CCP, has cleared the first HONIA-based interest rate swap with Bank of China and the Hongkong and Shanghai Banking Corp.
HKEX confirmed in May it would expand its licensing agreement with MSCI to launch Asia and emerging market futures and options contracts.
HKEX’s derivatives clearing arm OTC Clear has completed the first client trade via client clearing.
As HKEX plans launch of new MSCI futures and options, SGX confirmed it will reduce its MSCI licensing agreement from February 2021.
Charles Li will not seek re-election as chief executive in October 2021 after leading the exchange since January 2010.
Clients of TNS now have access to coverage of HKEX equities, commodities, fixed income and currency markets.