The trading venue's founder and chief executive says robo-advisers and smart-beta strategies may be eye-catching for yield-starved investors, but they are relatively untested.
Amundi replaces Ebrahim with Ho; Manulife AM Taiwan appoints CEO, CIO; StanChart hires Taiwan private bank chief; UBS WM names Kowloon office head; Munsun AM sets up EAM desk; Liquidnet adds quant specialist; and State Street brings in Korea head.
Other Asian regulators would do well to follow recent proposals made by the Australian securities watchdog, argue some market participants.
Liquidnet founder Seth Merrin says exchanges are upgrading systems to cater to high-frequency traders amid slow markets, raising the risk of glitches and potentially alienating some players.
The buy-side trading platform expects to agree at least one alliance with a traditional exchange in Asia in 2012. Singapore's bourse is a likely contender, say traders.
Alternative trading venues are living up to their billing as good execution venues for less liquid stocks, according to figures from several platform providers.