|
BUSINESS WIRE – Hong Kong – Hong Kong Exchanges and Clearing Limited (HKEX) has appointed Jacky Mak as Managing Director, Head of OTC Clearing, effective Monday, 25 July 2016. Mr Mak will be in charge of business development and operations of OTC Clearing Hong Kong Limited (OTC Clear), a subsidiary of HKEX. He will report to Calvin Tai, HKEX’s Head of Clearing. OTC Clear is a central counterparty (CCP) created by HKEX to provide clearing and settlement services for over-the-counter, or OTC, derivatives transactions. Mr Mak will succeed Kelvin Lee, who has retired after more than 25 years of service with HKEX and Hong Kong Securities Clearing Company before it became a subsidiary of HKEX. Mr Mak has more than 20 years of experience in financial services and consulting. His roles have included chief financial officer of the Hong Kong and Taiwan branch of Societe Generale’s corporate and investment banking unit and director, OTC product development of HSBC’s global banking and markets group in Hong Kong. Before joining HKEX, he was a Hong Kong-based director in Bank of America Merrill Lynch’s global markets division. In addition to an undergraduate degree in computer science from the Hong Kong University of Science and Technology (HKUST), Mr Mak has an MBA and a Master’s degree in investment management from HKUST. He also has completed the advanced management programme of French graduate business school INSEAD.
|
NEWSLETTER SIGN UP
And receive exclusive articles on securities markets
🏆 The 2026 Global Markets Choice Awards are here! 🌍 Nominations are officially OPEN for the celebration of excellence in global capital markets trading & technology. Nominate below:
https://www.jotform.com/form/260086385121150
Delaware Life Insurance Company is becoming the first insurance carrier to offer an index that contains cryptocurrency, adding the BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index to its fixed index annuity (FIA) portfolio.
As the digital assets industry pushes toward
Franklin Templeton is expanding its tokenized fund suite, signaling growing institutional demand for blockchain-based fund infrastructure and regulated investment products moving onchain. Read the full article below:
$50 billion in active ETF inflows helped fuel a record year for @BlackRock 's iShares business, as investors continue to lean into active strategies.
Related articles
-
There was record liquidity across ICE's global natural gas and power markets.
-
The need for automated infrastructure for creating and redeeming ETP shares has grown globally.
-
Derivatives are a key part of Coinbase becoming an “everything exchange.”
-
The crypto venue's 120m retail customers will be able to access energy benchmark products.
-
Seturion is Boerse Stuttgart Group's European settlement platform for tokenized securities.