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Charles Li Xiaojia succeeded Chow Manyiu as chief executive of Hong Kong Exchanges and Clearing, in mid-January. Li will be the first chief executive of HKEx with a mainland Chinese background, having been educated in China and then the US. He was chairman of JP Morgan China from 2003 to 2009 and a non-executive director of the Shanghai Pudong Development Bank.
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New Zealand Bank ASB has gone live with Calypso to provide integrated trading, processing and risk management. The treasury platform is cross-asset and can process front and back office reports and manage risk for foreign exchange, money market and interest rate derivatives trading.
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Rod Banus, head of futures Asia Pacific at Barclays Capital, has left the bank. Officials in Singapore have not yet been told plans for his replacement.
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Bursa Malaysia and Bahrain Financial Exchange (BFX) have signed a commercial agreement to provide financial products to Islamic market participants and strengthen bilateral ties between the two.