Interactive Brokers Announces Joining of Cecelia Zhong as Executive Director

Interactive Brokers, a Nasdaq-listed (IBKR) global brokerage firm, announced the joining of Cecelia Zhong as Executive Director today. Zhong has more than 10 years of experience in the global financial sector.

In an official announcement, Interactive Brokers mentioned that Zhong joined the company on 6 September. The newly appointed Executive Director will be responsible for the growth and expansion of Interactive Brokers in China.

Zhong is based in the Hong Kong office of Interactive Brokers. She will report to David Friedland, Managing Director-Asia Pacific Operations at Interactive Brokers. In April 2021, Interactive Brokers announced the appointment of Michael McClain as its new Director of Client Operations in North America.

Before joining Interactive Brokers, Zhong worked with different leading financial organizations around the world. Zhong held positions with NYSE Euronext where she was responsible for setting up the 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’s business hub in Hong Kong for Greater China. In addition, Zhong worked with 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).

“I am pleased to join Interactive Brokers and work alongside such an accomplished team. As the financial landscape in Asia continues to evolve, I look forward to identifying and developing new business opportunities to ultimately benefit the company’s clients,” Zhong said.

Expansion in Asia

In the recent announcement, Interactive Brokers outlined that the company is planning to enhance its presence in Asia and specifically in China and Hong Kong through the appointment of Cecelia Zhong.

“We are excited to welcome Cecelia to Interactive Brokers and her appointment reinforces our commitment to China and serving our clients in Asia. With extensive experience in the financial services industry in Mainland China and Hong Kong, Cecelia will certainly help bolster our local product offerings and strengthen relationships with key market participants in the region,” David Friedland, Managing Director-Asia Pacific Operations at Interactive Brokers, commented.

Zhong is a CFA charter holder. She completed her MBA in Finance from Edinburgh Business School in the UK.