Hong Kong Exchanges and Clearing is targetting implementation in the second half of 2028.
Clients can manage exposures to traditional assets outside typical exchange operating hours.
They bring diversifying risk premia to traditional institutional and crypto native investors.
Year-to-date net inflows of $432.4bn are the highest on record.
The letter calls for lower trading costs, improved access to liquidity & stronger market infrastructure.
CLS migrated to a new data center environment.
Erik Hirsch has been named executive co-chairman.
The order does not address KPI contracts structured to fall under the CFTC’s jurisdiction.
The asset manager has been in the process of adding more than 50 new client-facing roles.
