HKEx Appoints Brian Roberts as SVP of Product Development

Hong Kong Exchanges and Clearing Clearing Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Read this Term Limited (HKEx) has undergone a key executive move, having appointed Brian Roberts as its newest Senior Vice President (SVP) in its Product Development Department, according to an HKEx statement.

In his new role as the SVP of Product Development at HKEx, Mr. Roberts will be tasked with the group’s 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 Traded Funds (ETFs) business – he will be reporting to Rebecca Brosnan, HKEx's Head of Product Development, where he will be based out of Hong Kong.

Prior to joining HKEx, Mr. Roberts worked for over a decade at Vanguard, having focused on the development of its US-based investment management company's global ETF business. Moreover, his previous role saw him play an integral role in the company’s Canadian and Asian ETF business. His several positions included Senior ETF Product Manager – Asia, ETF Product Manager – Canada, and Product Development Manager, among others, dating back to 2003.

According to Romnesh Lamba, HKEx's Co-Head of Global Markets, in a recent statement in the appointment, "Over the past two years, ETFs have become an important part of our business both in terms of new listings and trading volume. By strengthening the team focussed on developing the ETF ecosystem, we believe we can build on our recent success and position HKEx as the leading Asian exchange for ETF investors."