2020 Programme

2020 Programme

2020 Programme

08:0008:40

Registration

08:00 - 08:40

08:4008:50

Conference chair opening remarks

08:40 - 08:50

08:5009:10

Keynote address

08:50 - 09:10

09:1009:40

Outlook for FX market: A macro perspective on the dynamic FX marketplace

09:10 - 09:40

  • Analysis of critical current events that can impact your investment portfolio:
    • Geopolitical issues and trade tensions - how will the US and the global political landscape impact financial markets
    • Rise of global populism and implications on investment 
    • Elections in India, Japan and risk mitigation 
  • Main regulatory factors affecting the investment environment (UMR, the FX Global Code, benchmark reform, etc) - what can we expect over the next 2 years?
  • Do we expect increased volatility? What are the indexes showing now in FX and what can we predict over the next 6-12 months in terms of volatility? 
  • Technology revolution and its implication on the Chinese domestic capital market 
     
Binay Chandgothia

Managing director and portfolio manager

Principal Portfolio Strategies

Binay is a Hong-Kong based Portfolio Manager for Principal Portfolio Strategies, an investment boutique within Principal Global Investors. His entire career spanning 26 years has been in portfolio management, encompassing asset allocation, fixed income, and equities. Prior to his current role, he served as Chief Investment Officer for Principal Global Investors (Hong Kong) and Principal Asset Management (Asia) where he was responsible for overseeing investments in the Hong Kong region. He joined the Principal Financial Group in 2000 in India and was the Deputy Chief Investment Officer of Principal's Indian Mutual Fund operations before relocating to Hong Kong in 2005. Prior to that, he spent 7 years in various portfolio management roles with India's largest banking group, State Bank of India. Binay has a post-graduate diploma in business management, equivalent to an MBA from Xavier Institute of Management and a bachelor's degree in commerce from St. Xavier's College. He holds a Financial Risk Manager certification from the Global Association of Risk Professionals and has earned the right to use the Chartered Financial Analyst designation.

Sanjay Mathur

Chief economist for South-east Asia and India

ANZ

Sanjay Mathur joined ANZ as the Chief Economist for South East Asia and India in 2017. Prior to joining, Sanjay was the Head of Economics Research (Asia ex-Japan) where he led research teams across economics, foreign exchange, rates and credit. Prior to this he held senior economic roles at Barclays and UBS.


Sanjay has an undergraduate degree in Economics from the University of Delhi and a Masters in Economics and Finance from the University of Rochester, New York

Iris Pang

Chief Economist, Greater China

ING Bank

Iris Pang joined ING in June 2017 as economist for Greater China. She is responsible for research on the macro-economic and industry trends in the Mainland China, Hong Kong and Taiwan. Research reports from Iris are shared with ING clients on a regular basis. She is also often interviewed by the media and invited to contribute regular commentary.  

Before joining ING, Iris held a similar position at Natixis between January 2016 and June 2017. Prior to that, she was with OCBC Wing Hang Bank in a similar role for almost a decade.

Iris holds a Ph.D. in Economics from the Hong Kong University of Science and Technology (HKUST), Masters in Commerce (first class honours) from the University of Auckland, and a Bachelor degree in Economics from the University of New South Wales.

Iris was an instructor at the Summer School for Applied Econometric of HKUST and taught distance learning programme on Modern China Economy at the Open University of Hong Kong.

09:4010:20

Hong Kong Connect: the role and transformation of Hong Kong as one of the key financial hubs in Greater China

09:40 - 10:20

  • Does Hong Kong provide enough access to market liquidity and remain a key source of liquidity in e-FX in comparison with Singapore, Tokyo, New York and London?
  • How will Hong Kong, Shenzhen, Shanghai evolve in the coming years?  
  • Will London's lead over Hong Kong CNH continue? What is the future of FX liquidity in Hong Kong whilst London stands tall?
  • Evolution of financial centres in Greater China
     
Kevin Tse

COO & Head of Trading

Ortus Capital Management

Mr. Tse joined Ortus Capital in April 2006 in Trading & Liquidity Management – A global macro manager that manages over 700m USD. He is the COO and chairs the Operating Committee. He is responsible for Ortus’ trade execution, technology/broker selection, investor/sell side relations and risk management. Mr. Tse received his B.Sc. (Hon) in Mathematics in 2002 from Warwick University (UK).

10:2011:00

RMB in the spotlight: FX option market development in CNY/CNH and latest trends in offshore trading of RMB

10:20 - 11:00

  • Is internationalisation of the RMB and the Chinese bond market on track? When are we going to see it?
  • How offshore investors can gain greater freedom in accessing the onshore capital market in China
  • Flexibility and restrictions of the FX trade today
  • Latest RMB offshore trade trends on how China is fitting in bond, equity indexes, etc
  • How regulation can be simplified to navigate more participants into the domestic market
  • Onshore capital market: what is current landscape in domestic market? How do we expect the current landscape to change?
  • The playoff between onshore and offshore Chinese bonds: how can you trade the onshore market while allocating to the offshore market strategically? 
     

11:0011:30

Morning break

11:00 - 11:30

11:3012:10

Clearing panel: The next stage of FX clearing

11:30 - 12:10

  • The impact of regulatory developments around the world on the decision of clearing across various product categories
  • Incentive to clear their FX: what’s in it for investors?
  • The role of automated and electronic trading in creating liquidity and greater use of clearing 
     

12:1012:50

Panel: Setting the blueprint for e-FX

12:10 - 12:50

  • How to move from a wider based trading to electronic based trading? Picking the best execution style and tools
  • Transaction cost analysis (TCA) and the main factors to consider in your analytics decisions
  • Determining which algo is right for you
  • Analytics and execution decisions – how has the use of analytics changed client execution behavior
  • Going from measurement to effective decision making to optimise liquidity
  • Compare and contrast the experiences in using algos in equities and FX
     

12:5013:50

Lunch

12:50 - 13:50

13:5014:30

From hype to reality: how Blockchain is reshaping the FX market

13:50 - 14:30

  • How Leveraging Distributed Ledger Technology (DLT) can increase efficiency in cross-border payments and FX market 
  • Streamlining cross-border transfer and payment between banks and companies with the Project LionRock-Inthanon: opportunities and considerations
  • What can we learn from China’s BigTechs or Fintechs about long-term disruption and increased competition that might occur in other markets?
     

14:3015:10

Corporate treasurer panel: Optimizing your hedging strategies in today’s market

14:30 - 15:10

  • Implications of geopolitical risks on corporate hedging strategies 
  • The role of corporate treasure in a changing regulatory environment 
  • Criteria in determining your optimal hedge
  • How corporates should adapt to increased digitalization 
     

15:1015:40

Afternoon break

15:10 - 15:40

15:4016:30

FX trading desk of the future

15:40 - 16:30

  • Perspectives on the platforms - what's been useful, what hasn't been, multi vs. single-bank, etc.? 
  • Current applications of algo trading and quant analysis in institutional portfolios 
  • Given the increased amount of FX data, how have institutions benefited from a wider use of data mining and machine learning techniques for useful analysis
  • How will FX desks evolve in SPOT, swaps, forwards, options and NDF’s and what can you do now to stay ahead?
     

16:3017:10

RMB IN THE SPOTLIGHT: FX option market development in CNY/CNH and latest trends in offshore trading of RMB

16:30 - 17:10

  • Is internationalisation of the RMB and the Chinese bond market on track? When are we going to see it?
  • How offshore investors can gain greater freedom in accessing the onshore capital market in China
  • Flexibility and restrictions of the FX trade today
  • Latest RMB offshore trade trends on how China is fitting in bond, equity indexes, etc
  • How regulation can be simplified to navigate more participants into the domestic market
  • Onshore capital market: what is current landscape in domestic market? How do we expect the current landscape to change?
  • The playoff between onshore and offshore Chinese bonds: how can you trade the onshore market while allocating to the offshore market strategically?

17:1017:15

Chair’s closing remarks

17:10 - 17:15

17:1517:15

End of conference

17:15 - 17:16