HKEX appoints Kian Hoe Tan as Head of Treasury

Rick Steves

Kian Hoe Tan joins HKEX from Standard Chartered Bank.

Hong Kong Exchanges and Clearing Limited (HKEX) has appointed Kian Hoe Tan as Managing Director and Head of Treasury.

He will be driving HKEX’s Treasury strategy, overseeing the performance of the group’s investment activities for both internally and externally managed investment portfolios.

Working closely with colleagues from across the Finance and Risk teams, and with other HKEX entities, the new Treasurer will be in charge of balancing a robust governance and control framework with optimizing investment returns.

Role in supporting HKEX’s long-term sustainable growth

Kian Hoe Tan joins HKEX on 4 July 2022 and will report to HKEX Group Chief Financial Officer, Vanessa Lau.

HKEX Group Chief Financial Officer, Vanessa Lau, said: “We are pleased to welcome Kian Hoe to HKEX and to the Finance team. Kian Hoe brings with him over two decades of treasury experience and has an excellent track record in running significant regional treasury functions. He will play an important role in supporting the long-term sustainable growth and success of our business.”

Kian Hoe Tan joins HKEX from Standard Chartered Bank, where he was Managing Director and Head of Treasury Markets for Greater China and North Asia for the last five years.

Other roles at Standard Chartered Bank include Regional Head of Asset Liability Management, Greater China and North Asia, as well as Head of Asset Liability Management for Standard Chartered Hong Kong.

VaR Platform for post-trade clients

HKEX has recently launched its new VaR Platform for post-trade clients, which will introduce margin requirements based on individual stock volatility, instead of the previously applied flat margin rate across all securities.

The VAR platform is expected to strengthen the resilience of the securities clearing house, in line with evolving international regulatory standards as well as promote enhanced transparency and cost-efficiency for HKEX market participants.

All Clearing Participants for securities transactions in HKEX’s markets will have the VaR Platform available to them, including its new margin and stress testing models for the calculation of margins and the Default Fund.

Its enhanced margining model strengthens HKEX’s resilience and boosts capital efficiency, supporting the exchange’s clearing participants through margin savings on diversified portfolios.

Read this next

Digital Assets

Midas launches investment strategies for the ‘crypto winter’

Midas.Investments has released three new investment strategies on its custodial CeDeFi platform, creating new opportunities during the ‘crypto winter’.   The platform merges diverse approaches to digital asset management into single-click products to let investors gain steady profits in any market conditions — including the ongoing bear market. a custodial CeDeFi platform, CeDeFi: Unlocking the […]

Digital Assets

Bitcoin.com Wallet adds several ERC-20 tokens

The product expansion includes representatives of the DeFi world, the Metaverse, and the largest stablecoins.

Market News

Savvy Investors to Profit Whether the Stock Market Rebounds or Not

Equities have gone up enormously since the low. SP500 has gained 13.88% since June 17. In August, the indices drifted sideways. On Wall Street, veteran investors expect a move in either direction.

Industry News

Wall Street-backed MEMX obtains SEC approval for options trading platform

The company has raised more than $135 million in funding from 18 stock trading and investing heavyweights, including BlackRock, Citadel Securities, and Morgan Stanley.

Industry News

Amundi US launches ESG strategy that seeks to outperform S&P 500

Amundi’s Responsible investing team includes more than 45 specialists, and its ESG analysis covers more than 13,500 issuers across debt and equity.

Industry News

Verto launches embedded FX payments solution

The Verto API automates currency conversions, tracks payments and exchange rates in real-time, and is being launched in the follow-up of a $10 million in Series A funding last year.

Industry News

SEC awards over $16m to whistleblowers after another successful enforcement action

The program is 10 years-old and has arguably played a critical role in the Division of Enforcement’s ability to effectively detect wrongdoing, protect investors and the marketplace, and bring violators to justice.

Digital Assets

Ripple submits most succint explanation of Hinman issue in XRP lawsuit

It might be useful to get up to date as this could be the end of the road for the SEC.

Retail FX

TradingView integrates first Brazilian broker, Órama Investimentos

Órama offers all kinds of investment products, from fixed income to crypto-related funds.

<