FOW Derivatives World Asia


Renaissance Harbour View Hotel, Hong Kong, Hong Kong

11 Apr 2018

FOW is back in Hong Kong for the 6th year of its long running flagship Asia event. This year we bring a new format to the event. The first day will be a general event
covering two streams looking at the Asian and Chinese markets followed by a series of invite-only closed door private sessions on the second day.

If you have any questions about the event please contact Valerija Slavina valerija.slavina@globalinvestorgroup.com.
To discuss sponsor options email Hanna DeBank hanna.debank@globalinvestorgroup.com

DAY 1: Two streams

 

9:00 Introduction

 

9:10 Welcome address

 

9:30 Keynote speech


9:50 Capitalising on growth in Asia

After a period of relative stagnation on Asia’s derivatives market, volumes are growing strongly in the wake of renewed volatility and new product launches. This panel will look at how innovation, new launches and initiatives can capitalise on recent growth.

- How will the inclusion of A-shares in MSCI help growth across the region?
- What is next for the Connect programme?
- What new derivatives launches are coming up in 2018?

 

10:35 Coffee break

 

11:00 Reimagining trading operations

Trading and back office operations and infrastructure across the derivatives industry have been patched together over many years with new technology having to adapt to legacy systems. But advances in technology, the evolution of market access and infrastructure have changed the game over the past three to five years. We ask what would be the ideal set up if you were to design the system from scratch?

-How are legacy systems impacting innovation?
- How has the cloud changed adoption of new technologies? What is holding back adoption still?
- How is the shift towards larger data sets changing requirements? 
- What does the ideal operational set-up look like today?

 

11:45 Presentation

 

11:55 ETFs: growing in popularity for regional asset managers

ETFs continue to grow in popularity in Asia as more market makers and asset managers come in to the vibrant market. Increasingly asset managers are using them as a vital part of their portfolio to gain low cost exposure to different markets. But more needs to be done to develop liquidity in locally focused products. 

- How are asset managers in Asia using ETFs?
- What new institutional players are coming in to the market?
- How can the industry build and support more localised ETFs?

 

12:40 Lunch

 

International stream

China stream

13:40 The return of global volatility: what is the new normal? 

After years of low volatility in international and regional markets, huge moves in major international benchmarks at the beginning of the year ended the relative calm abruptly. As Quantitative Easing programmes are reversed in the West and markets move away from central bank support, just what is the new normal?

- How are Asian trading firms and asset managers adapting to recent volatility?
- How should firms protect themselves and captialise on recent events?
- What is the outlook for volatility across global and regional markets?

 

14:25 Presentation

 

14:35 Metals derivatives: at the heart of competition in Asia

Metals have been one of the most volatile asset classes over the past five years so it is no surprise that a number of exchange launches are seeking to capitalise on the opportunity launching new products and bolstering existing contracts. As China seeks to open up its iron ore contract and exchanges expand their metals offerings, how will competition evolve?

-          Why are metals such a hot asset class today?

-          How is the competitive landscape evolving?

-          What are the opportunities for traders?

 

 

15:25 Coffee break

 

15:45 Changing buyside execution strategies

The buyside is increasingly turning to electronic execution for a wider variety of asset classes and instruments. This brings efficiency and greater transparency to operations but also heralds a change in market structure with proprietary trading firms offering execution venues to the buyside.

-          What is forcing the buyside to review execution strategies?

-          What are the requirements for and benefits of greater control?

-          How are new liquidity providers changing the market?

 

16:30 Presentation

 

16:40 Cryptocurrencies: where is the market going? 

The launch of bitcoin futures has been the most widely covered futures launch for decades. While there is no doubt huge opportunity in the volatility there are also risks of trading an asset class with little history or fundamentals. This panel will look at the development of cryptocurrencies as an asset class and ask where the market is going.

-          What is the latest thinking on the development of bitcoin futures?

-          What is next in the development of cryptocurrencies as an asset class?

-          How are firms risk managing bitcoin futures?

13:40 The local view: opportunities in the Chinese derivatives markets

Our regular panel brings together some of the key figures from the Chinese FCM and exchange community to get their views on how is the recent developments in the local market including an overview of key trends and the outlook for international firms in China as rules on foreign ownership are relaxed.

-          What are the key trends in the Chinese market today?

-          What new launches are anticipated by the market?

-          How will changes to foreign ownership rules impact local business?

 

14:35 What does the Belt and Road Initiative mean for the market?

The Belt and Road Initiative is a key plank of Chinese government policy over the next decade and beyond. While much of the focus has been on trade, capital markets are set to be impacted as well. This panel will look at what the initiative means for regional and global trading.

-          What is the Belt and Road Initiative and how does it impact capital markets?

-          What impact will increased trade have on derivatives markets?

-          How are exchanges positioning themselves for Belt and Road?

 

15:25 Coffee break

 

15:45 Crude oil and building international pricing

The launch of crude oil futures by the International Energy Exchange is the most significant contract launch in recent history. It comes as China seeks to build international benchmarks out of its local futures market, a key pillar of the overall development strategy. But how can China develop international benchmarks and what is the appetite for the oil contract?

-          Update on the launch of the International Energy Exchange

-          How can international firms trade the market?

-          How will Chinese exchanges develop local benchmarks?

 

 16:40 Options in and on China: progress report and upcoming launches    

With the first anniversary of the agricultural options launch in China approaching, we review progress and ask how the market has developed in the first year. We also ask what upcoming launches are in the works and how the market is likely to evolve.
 
-How did the launch of options trading in China go?

-What is next in launches?

-What are the opportunities for OTC options?

-How to bridge onshore and offshore markets for investors? 

 

 

 

 17:30 Drinks reception

 

DAY 2: Strategy day

Our new event format brings together senior figures from the regional market discuss a range of strategic topics related to their businesses.

The day consists of a series of closed-door, invite only forums. 

 

Event Partner


 

Hong Kong Exchange

 

From its home in the financial hub of Hong Kong and an additional base in London, HKEX provides world-class facilities for trading and clearing securities and derivatives in Equities, Commodities, Fixed Income and Currency.

It operates Hong Kong's only securities and derivatives exchanges as well as their three related clearing houses. It is also a leader in the trading and clearing of commodity derivatives through its subsidiaries, London Metal Exchange (LME) and LME Clear. In 2013, HKEX established an OTC derivatives clearing house in Hong Kong.

HKEX is a leader in China connectivity. It has been the largest offshore listing destination for Mainland Chinese companies for three decades. Trading and clearing infrastructure of HKEX markets is fully RMB-enabled, and HKEX has more offshore RMB products than any other exchange. HKEX launched the ground-breaking Shanghai-Hong Kong Stock Connect programme in 2014, allowing international investors to connect easily with Mainland China's stock market for the first time. The scheme is expanded with the launch of Shenzhen Connect in December 2016. www.hkex.com.hk

 

 

Gold Sponsor


 

Colt 

 

 

Colt aims to be the leader in enabling customers’ digital transformation through agile and on demand, high bandwidth solutions. The Colt IQ Network connects over 800 data centres across Europe, Asia and North America’s largest business hubs, with over 25,000 on-net buildings and growing.
Colt has built its reputation on putting customers first. Customers include data intensive organisations spanning over 200 cities in nearly 30 countries. Colt is a recognised innovator and pioneer in software defined networks (SDN) and network function virtualisation (NFV). Privately owned, Colt is one of the most financially sound companies in its industry and able to provide the best customer experience at a competitive price. For more information, please visit www.colt.net.

 

 

Silver Sponsor


 

Brazilian Exchange and OTC

 

 

 

 

B3 is one of the world’s largest financial market infrastructure providers by market value. The services it offers range from exchange trading, clearing,depository, trade repositoryand other post-trade services to registration of over-the-counter (OTC) transactions and of vehicle and real estate loans. We are committed to Brazil, our clients, and constant development of the financial and capital markets.

 

 CBOE

 

Cboe Global Markets, Inc. (“Cboe Global Markets” or “Cboe”) is one of the world’s largest exchange holding companies, offering cutting-edge trading and investment solutions to investors around the world. The company is committed to relentless innovation, connecting global markets with world-class technology, and providing seamless solutions that enhance the customer experience.

Cboe offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, U.S. and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the Cboe Volatility Index (VIX Index), the world’s barometer for equity market volatility.

Cboe’s trading venues include the largest options exchange in the U.S. and the largest stock exchange by value traded in Europe. In addition, the company is the second-largest stock exchange operator in the U.S. and a leading market globally for ETP trading.

 

 CGQ

 

 

 

For more than thirty years, CQG, Inc. has been the industry leader for fast, accurate, and reliable market data and unrivaled graphical analysis. Today, CQG provides high-performance trade routing, global market data, and advanced technical analysis tools for professional traders worldwide. CQG partners with more than one hundred FCM environments and provides Direct Market Access to more than forty-five exchanges through its global network of co-located Hosted Exchange Gateways. CQG’s server-side order management tools for spreading, market aggregation, and smart orders are unsurpassed for speed and ease-of-use. CQG's market data feed consolidates more than seventy-five sources, including exchanges worldwide for futures, options, fixed income, foreign exchange, and equities as well as data on debt securities, industry reports, and financial indices. For more information, visit www.cqg.com.

 

FIS

 

 

 

 


FIS is a global leader in financial services technology, with a focus on retail and institutional banking, payments, asset and wealth management, risk and compliance, consulting and outsourcing solutions. Through the depth and breadth of our solutions portfolio, global capabilities and domain expertise, FIS serves more than 20,000 clients in over 130 countries. Headquartered in Jacksonville, Fla., FIS employs more than 55,000 people worldwide and holds leadership positions in payment processing, financial software and banking solutions. Providing software, services and outsourcing of the technology that empowers the financial world, FIS is a Fortune 500 company and is a member of Standard & Poor’s 500® Index. For more information about FIS, visit www.fisglobal.com.

 

 Nikko Asset Management

 

Nikko Asset Management is one of Asia’s largest asset managers, providing high-conviction, active fund management across a range of Equity, Fixed Income, Multi-Asset and Alternative strategies. In addition, its complementary range of passive strategies covers more than 20 indices and includes some of Asia’s largest exchange-traded funds. Headquartered in Asia for nearly 60 years, the investment teams benefit from a unique global perspective complemented by the firm's historic Asian DNA, delivering consistent excellence in performance. The firm also prides itself on its progressive solution-driven approach, which has led to many innovative funds launched for its clients.

 

Trading Technologies

 

 

 


Trading Technologies creates professional trading software and solutions for a wide variety of users including proprietary traders, brokers, money managers, CTAs, hedge funds, commercial hedgers and risk managers. In addition to providing access to the world’s major international exchanges and liquidity venues via its TT® and X_TRADER® trading platforms, TT is developing domain-specific technology for cryptocurrency trading and rolling out machine-learning tools for real-time trade surveillance. TT serves a global customer base, employing 350+ people in 13 offices across North and South America, Europe and the Asia/Pacific region. For more, visit www.tradingtechnologies.com or follow @Trading_Tech on Twitter.

 

 

 Supporting Partner


 

China Futures Association 

 

 

China Futures Association
Founded on December 29, 2000, the China Futures Association is a self-regulatory organization for the futures industry in China. Its objectives are to provide a link between government and the futures industry, to serve its members, and to protect investor interests.

As of the end of 2017, CFA had 394 members, including futures companies, futures exchanges, the China Futures Market Monitoring Center, securities companies, asset management firms, private equity funds, risk management firms, banks and other affiliated local associations.

Information about CFA and its activities is available on the Association's website: www.cfachina.org

 

Media Partners


Automated Trader

Automated Trader is the first global magazine dedicated to automated and algorithmic trading. The magazine is a regular print and digital publication that focuses on all aspects of automation in the trading process. Featuring insights from both academics and practitioners alike, Automated Trader covers strategies and analytics, the impact of regulatory requirements, and all the latest technological innovations in the field.Automated Trader is the first global magazine dedicated to automated and algorithmic trading. The magazine is a regular print and digital publication that focuses on all aspects of automation in the trading process. Featuring insights from both academics and practitioners alike, Automated Trader covers strategies and analytics, the impact of regulatory requirements, and all the latest technological innovations in the field.
To learn more, please visit http://www.automatedtrader.net/ 

 

 Eurekahedge

 

 

Launched in 2001, Eurekahedge has a proven track record spanning over 16 years as the world’s largest independent data provider and alternative research firm specialising in global hedge fund databases and research. Headquartered in Singapore with offices in New York and Philippines, the global expertise of our research team constantly adapts to industry changes and needs, allowing Eurekahedge to develop and offer a wide array of products and services coveted by institutional investors, family offices, accredited investors, qualified purchasers, financial institutions and media sources. In addition to market-leading hedge fund databases, Eurekahedge’s other business functions include hedge fund research publications, due diligence services, investor services, analytical platforms and risk management tools. For more information, please visit www.eurekahedge.com or marketing@eurekahedge.com

 

Venue


 

Renaissance Hong Kong Harbour View Hotel

Hong Kong Convention And Exhibition Centre

1 Harbour Rd, Wan Chai, Hong Kong