HKEX to Introduce Qianhai Commodities Platform, Headed by Guo Xiaoli
- Guo Xiaoli will serve as the new Chief Executive of the upcoming Qianhai commodity-trading platform.
Hong Kong Exchanges and Clearing Limited (HKEX) has introduced its Qianhai commodities platform, which will help the group compete with other global exchanges, simultaneously servicing a clientele in Mainland China, according to an HKEX statement.
The FM London Summit is Almost Here. Register today!
Hong Kong Exchanges and Clearing Limited (HKEX) has introduced its Qianhai commodities platform, which will help the group compete with other global exchanges, simultaneously servicing a clientele in Mainland China, according to an HKEX statement.
The launch follows after last month’s Memorandum of Understanding (MoU) between HKEX and the Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone, which ushered into being the Qianhai commodities platform. The platform itself is positioned for a launch date in 2017, somewhere in Q2-Q3 and will offer spot trading with physical delivery.
New Leadership
In tandem with the launch, HKEX has secured the services of Guo Xiaoli as its Chief Executive of its Qianhai commodity-Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term. Mr. Guo steps into the role with almost three decades of experience in trading and management expertise across Mainland and international commodities.
Prior to the appointment, he served as the General Manager at the Zhengzhou Commodity Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (ZCE), Deputy General Manager at the Dalian Commodity Exchange and Vice Chairman of the China Futures Association, among other senior roles.
According to HKEXs’ Chief Executive Charles Li, in a recent statement on the appointment, "Mr Guo is an expert on the Mainland futures market from theory to practice and he brings a wealth of experience to our Qianhai venture. Our plan is to use the LME's successful model to create an effective spot trading platform in the Mainland’s commodities market to serve the needs of the real economy.”
“In time, the platform could generate a series of truly representative and globally-influential 'China price' benchmarks,” he explained.
Hong Kong Exchanges and Clearing Limited (HKEX) has introduced its Qianhai commodities platform, which will help the group compete with other global exchanges, simultaneously servicing a clientele in Mainland China, according to an HKEX statement.
The FM London Summit is Almost Here. Register today!
Hong Kong Exchanges and Clearing Limited (HKEX) has introduced its Qianhai commodities platform, which will help the group compete with other global exchanges, simultaneously servicing a clientele in Mainland China, according to an HKEX statement.
The launch follows after last month’s Memorandum of Understanding (MoU) between HKEX and the Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone, which ushered into being the Qianhai commodities platform. The platform itself is positioned for a launch date in 2017, somewhere in Q2-Q3 and will offer spot trading with physical delivery.
New Leadership
In tandem with the launch, HKEX has secured the services of Guo Xiaoli as its Chief Executive of its Qianhai commodity-Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term. Mr. Guo steps into the role with almost three decades of experience in trading and management expertise across Mainland and international commodities.
Prior to the appointment, he served as the General Manager at the Zhengzhou Commodity Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (ZCE), Deputy General Manager at the Dalian Commodity Exchange and Vice Chairman of the China Futures Association, among other senior roles.
According to HKEXs’ Chief Executive Charles Li, in a recent statement on the appointment, "Mr Guo is an expert on the Mainland futures market from theory to practice and he brings a wealth of experience to our Qianhai venture. Our plan is to use the LME's successful model to create an effective spot trading platform in the Mainland’s commodities market to serve the needs of the real economy.”
“In time, the platform could generate a series of truly representative and globally-influential 'China price' benchmarks,” he explained.