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The Hong Kong Mercantile Exchange (“HKMEx”), China’s international commodities marketplace, announces today that Jonathan Cowan has recently joined the Exchange as Managing Director, Europe, and Stephane Lannoy as Executive Director, Operations & Technology.
As the chief European representative for HKMEx, Mr Cowan will be responsible for the Exchange’s marketing strategy and operations in Europe, including membership recruitment and management. Mr Cowan was previously Senior Vice President and Global Head of Electronic Futures and Options at Cantor Fitzgerald’s former eSpeed/BGC division. He was also Co-Founder at trading systems provider EccoWare Ltd, and Managing Director at London-based Westminster Clearing Ltd.
Meanwhile, Mr Lannoy, reporting to Lieven Van den Brande, Chief Operating Officer for Operations & Technology, will focus on the day-to-day management of HKMEx’s operations and technology teams, and act as liaison to various industry groups. Mr Lannoy was most recently Executive Director and coowner of AsiaEx Consulting Services, a Singapore-based firm focused on facilitating access to derivative and cash markets in Asia. Prior to that, he was Asia Pacific Managing Director for RTS Realtime Systems, and Chief Information Officer at Fimat first for the Amercias and then Asia.
“At HKMEx, we are committed to recruiting and retaining the best and brightest talent from around the world as we pursue our goal of connecting China’s burgeoning commodity markets with global trading centres,” said Barry Cheung, Chairman of HKMEx “Our new appointments underscore this, and we are proud to have Jonathan and Stephane on board as we continue to break new ground in the Asian commodities trading landscape.”
Strategically located in Hong Kong, HKMEx provides standardised commercial commodity contracts for trading in the Asia Pacific time zone, in a transparent, liquid and cleared environment. The Exchange’sproducts include a 32 troy ounces gold futures contract, and a 1,000 troy ounces silver futures contract. Both are denominated in US dollars with physical delivery in Hong Kong. Trading hours last from 8am to 11pm Hong Kong time, overlapping those in major commodity markets in Tokyo, London, and New York.
