Cboe Global Markets, Inc. announced that Cboe Futures Exchange (CFE) recently received approval in Hong
Kong to allow corporations that are licensed by the Hong Kong Securities and Futures Commission under Part V of theHong Kong Securities and Futures Ordinance to become CFE Trading Privilege Holders (TPHs).
With this designation, announced at the 3rd annual Cboe Risk Management Conference Asia, currently taking place in HongKong, CFE has been authorized to provide automated trading services in Hong Kong. This means that in addition to CFEsability to conduct marketing activities in the region, CFE may now allow firms in Hong Kong to become CFE TPHs and toconnect directly to the exchange.
Providing customers with new opportunities and greater efficiency to trade our products is a top priority for Cboe, andwe continue to work with authorities throughout Asia to obtain additional approvals, said Andy Lowenthal, Senior VicePresident, Head of Global Derivatives at Cboe. This approval adds to a growing list of efforts weve made to expand ourcustomer outreach in the APAC region, including the opening of a permanent office in Hong Kong.
Cboes Hong Kong office opened earlier this year, and is headed by Sharon Ang, Managing Director and Head of Asia Pacificat Cboe. A permanent presence in the region will enable CFE to further expand its global reach and work more closely withcustomers throughout Asia.
Hong Kong joins Korea, Singapore, Taiwan and others as CFE approved foreign jurisdictions. A complete list of CFEapproved foreign jurisdictions is available at http://cfe.cboe.com/trade-cfe/trading-permits/approved-foreignjurisdictions.
