About ASIFMA-GFMA Market Liquidity Conference 2016
Modeled on the successful series of AFME’s annual European Market Liquidity Conference in London,
as well as the successful inaugural Asian edition that ASIFMA and GFMA co-hosted in Singapore lastyear, the ASIFMA-GFMA Market Liquidity Conference 2016 was held in June in Hong Kong.
The conference gained support with around 200 attendees from over 110 organizations, including
15% policy maker/public official, 26% buy side, 3% corporate treasurer and 8% media. It had over 40
speakers including senior representatives of Securities and Futures Commission (SFC), Reserve Bankof Australia (RBA), Financial Services and the Treasury of HKSAR, Hong Kong Monetary Authority(HKMA), BlackRock, AB, T Rowe Price, Oliver Wyman and many other leading financial institutions.

Page 1 of 9

The conference provides unique opportunity for global and regional industry representatives fromboth sell-side and buy-side, fixed income and foreign exchange communities, to discuss in-depth andgenuine debates with policy makers on market liquidity topics.
We specially thank the sponsors and partners for the valuable support including Markit, Thomson
Reuters, SGX, Tradeweb and HKUST-NYU Stern Master of Science in Global Finance Program, as well
as 15 endorsers plus 4 media partners.

Page 2 of 9

We have received very positive feedback from the stakeholders including speakers, delegates,sponsors, endorsers and media partners. Most of them found the speakers excellent, the discussions
highly informative, concurrent panels interactive, and the conference thought provoking andenjoyable with the opportunity to meet the various senior representatives with similar interests infinancial regulation.

Page 3 of 9

List of Participating Organizations in 2016:
ABAccenture
Active Investments Capital Limited
Algomi
Allianz Global Investors Asia Pacific GmbH
APrivacy
Ashurst LLP
Asia Pacific RIM (China) Limited
Asia-Pacific Structured Finance Association
ASIFMA
Australia and New Zealand Banking Group(ANZ)
AXA Investment Managers
Bank for International Settlements
Bank Negara Malaysia
Bank of America Merrill Lynch
Bank of China International (BOCI)Bank of Japan (BOJ)
Bank of Thailand
Barclays
BlackRock
Bloomberg L.P.
BOCI-Prudential Asset Management Limited
BondIT
British Chamber of Commerce
British Consulate-General
China International Capital Corporation
Limited (CICC)
CIMB GroupCiti
CLS GroupCQS Investment Management Limited
Credit Agricole
DBS Bank

Deutsche Bank AG
DZ Bank AG
Eaton Capital Asia Limited
Embassy of the United States of America (Beijing)
EuroclearEuromoney Institutional Investor PLC
Fidelity International
FIL Investment Management (Hong Kong) Ltd
Financial Services Agency (Japan)
Financial Services and Treasury Bureau, Govt.
of Hong Kong
Fixed Income Money Market & Derivatives
Association of India (FIMMDA)
Focus Ventures
Franklin Templeton Investments
Global Financial Markets Association (GFMA)
GlobalCapital
GreySpark Partners
Hai Tong Asset Management (HK) Limited
Haymarket Media GroupHKSFA
Hong Kong Monetary Authority (HKMA)
Hong Kong Securities Association Limited
HSBC
HSBC Global Asset Management
Incisive Financial Publishing (Hong Kong) Limited
Income Partners
Industrial and Commercial Bank of China Ltd. (ICBC)
Ingensoma Trading Group Ltd
Interactive Data Corporation
International Capital Market Association (ICMA)International Financial Law Review (IFLR)INV Partners
IPPF (Independent Power Producers Forum)

Page 4 of 9

List of Participating Organizations in 2016 (Con’t):
Jun Yang Financial Holdings Limited
KPMG LLP
LMAX Exchange
Luen Fat Sec. Co. Ltd
Manulife Financial Asia Limited
MarkitMizuho Financial Group, Inc.
Mlex
Money Concepts Capital Corp
Morgan Stanley
NASDAQ
NexChange (Hong Kong) Limited
Nuoxin Capital (Hong Kong) Limited
Oliver Wyman
Oriental Press Group Ltd
ORIX Asia Limited
Pacific Hawk (HK) Ltd.
Pureheart Capital Asia Limited
R5FX Ltd
Regulation Asia
Reserve Bank of Australia (RBA)RHB OSK Asset Management Pte Ltd
Russian BK Financial Group
Securities and Futures Commission
SFS-MH Asset Management

SGX (Singapore Exchange Limited)
Siemens AG Hong Kong BranchSociete Generale
StormHarbour Securities (Hong Kong) Limited
Sumitomo Mitsui Asset Management
Company, Limited
Sun Hung Kai & Co. Limited
T. Rowe Price Hong Kong LimitedTa Kung Pao (HK) Ltd.
Taiping Securities (HK) Ltd
Tedder Family Office
The Corporate Treasurer
The Wall Street JournalThomson Reuters
TigerspikeTin Ka Ping Foundation
Tradeweb LLC
Treasury Markets Association
Urban Renewal Authority (Hong Kong)
Vanguard
Vistra Hong Kong
VL Asset Management Limited
Wells Fargo Bank, National Association
Western Pacific International Ltd.
XTX Markets

Event Website:
For more about ASIFMA-GFMA Market Liquidity Conference 2016:
http://www.asifma.org/liquidity2016/
For more information about ASIFMA events:
http://www.asifma.org/events/

Page 5 of 9ASIFMA-GFMA Market Liquidity Conference 2016
Final ProgramDate:
Location:
Remarks:

Tuesday 14 June 2016
Conrad Hong Kong (Grand Ballroom, Lower Lobby Level)
Open to the media

08:30-08:35 Welcome Remarks
08:35-08:50 1st Keynote - Liquidity Risk Management of Investment Funds
Julia Leung, Executive Director, Investment Products, Securities and Futures Commission
08:50-09:05 2nd Keynote - Changing Market Conditions and Conduct (via video link)
Guy Debelle, Assistant Governor (Financial Markets), Reserve Bank of Australia
09:05-10:05 Panel 1: Impact of Market Regulation on Asian Liquidity
 Andrew Ng, Group Executive, Head of Treasury & Markets, DBS Jackie Liu, Principal Assistant Secretary for Financial Services and the Treasury,
Financial Services and the Treasury Bureau, HKSAR Randolf Tantzscher, Director of Indices, Asia-Pacific, Markit
 Michael Go, Head of Market Development, FX - Asia Pacific, Thomson Reuters Mark Austen, CEO, ASIFMA (Moderator)
10:05-10:30 Coffee Break
10:30-11:30 Panel 2: Electronic Trading in Asia – Threats and Opportunities Martin Watson, Director, APAC Head - G10 Spot & FX eTrading, Citi Ulf Carlsson, General Manager, Head of North Asia & Japan, Nasdaq
 Tsai Li Renn, Senior VP and Head of Fixed Income Trading, Singapore Exchange Andrew Bernard, MD, Head of Asia, Tradeweb
 Jonathan Woodward, Senior Director, Head of Asia-Pacific – Transaction Sales,Thomson Reuters Wayne Arnold, ED – Head of Policy and Regulatory Affairs, ASIFMA (Moderator)
11:30-12:30 Panel 3: Accessing China FICC Markets
 Brad Gibson, Senior VP, Portfolio Manager, Asia Pacific Fixed Income, AB Wei Wang (Steve), MD, Head of Fixed Income Research, Bank of China International
 Jiong You, MD, Head of FX & Local Markets Trading, Greater China, Citi
 Patrick Wong, Head of China Sales and Business Development, HSBC Securities
Services Antoine Castel, MD, Head of Global Markets, China, Societe Generale Mark Austen, CEO, ASIFMA (Moderator)
Page 6 of 9

12:30-13:35 Lunch
13:35-13:50 Presentation – Cumulative Impact of Regulation on Markets
Douglas Elliott, Partner, Oliver Wyman
13:50-14:50 Panel 4: FinTech - The Impact of Emerging and Disruptive Technology
 Shu-Pui Li, Executive Director (Financial Infrastructure), Hong Kong MonetaryAuthority
 Henri Arslanian, Head of Corporate Development and Strategic Partnership, APrivacy Adrian Gostick, MD, Asia Pacific, BondIT
 Julian Chesser, MD, Head of Processing, Asia-Pacific, Markit
 Aki Ranin, Commercial Director, Tigerspike James McKeogh, Partner, KPMG (Moderator)
14:50-15:15 Coffee Break
15:15-16:05 Concurrent Panels:
Panel A: FI Topic – Evolution of Best Execution and Equitisation of FI
 Trevor Vail, Head of Credit Trading, Asia, ANZ
 Jens Scharff-Hansen, MD, FIC eTrading Asia Pacific, Deutsche Bank Dean Wang, MD, Head of Asia Credit Trading, Morgan Stanley Kelly McKenney, Director - Head of APAC Distribution, Tradeweb
 Aaron Woolner, Hong Kong Bureau Chief, Risk.net (Moderator)
Panel B: FX Topic – Changing Market Structure of FX as result of Regulation
 Naveen Khanna, Director, COO, Rates & Currencies Trading, Global Markets, Bank ofAmerica Merrill Lynch
 Jimmy Jim, Co-Head of Global Markets Department, ICBC (Asia) Limited
 Jon Vollemaere, CEO, R5FX Ltd
 Jeremy Smart, Head of Distribution, XTX Markets
 Michelle Price, Asia Regulation Correspondent, Reuter News (Moderator)

Page 7 of 9

16:05-16:55

Concurrent Panels:
Panel C: FI Topic – New Trading Models, Price Transparency and Deployment
 Jesper Bruun-Olsen, Head of APAC, Algomi
 Sam Kim, MD, Head of Trading & Liquidity Strategies Group, Asia Pacific, BlackRock Jason Gresko, Head of Rates and Credit eCommerce Sales, Global Markets, DeutscheBank Leonard Kwan, Vice President, T Rowe Price Vijay Chander, ED – Fixed Income, ASIFMA (Moderator)
Panel D: FX Topic – Conduct Changes – FX Codes of Conduct
 Fred Pucci, Head of Compliance, Global Markets, ANZ
 Jack Cheung, CEO, Treasury Markets Association
 James Kemp, MD, Global FX Division, GFMA Aaron Woolner, Hong Kong Bureau Chief, Risk.net (Moderator)

16:55-17:00 Closing

Page 8 of 9

Page 9 of 9