leader
AsiaEtrader Issue 8 | Volume 1
Q4 2013
Turning lead into gold
The Electronic Trading Resource for Asia
HK SFC algo rules ASEAN link turns one ASIC squeezes broker dark pools NZX milking dairy futures
Hedge
funds
have
been
steadily
migrating into Asia (see Issue 6) to enjoy larger returns not seen in the West for a few years now. However, AUM tends to be lower on average putting pressure on costs coupled Distilling synthetic PB KONEX is born
with emerging markets not yet adequately
CREDITS
regulated or sophisticated to support these
Editor-in-Chief Stephen Edge steve@asiaetrading.com
types of investors. In the competitive world of prime brokerage innovation falls to the
Managing Editor Dan Barnes dan@icorp.co.uk
sell-side to help develop hedge funds and the subsequent fees they can generate. Risk aversion and cautious CFOs
Contributing Writers Stephen Price steveprice@ymail.com
provide for greater due diligence and transparency ensuring that just the right blend of leverage, financing and margin are blended to foster synthetic
Lynn Strongindodds strongindodds@aol.com
products to keep those hedge funds in business. Despite the hardships of
TO SUBSCRIBE:
Rupert Walker rupertagwalker@gmail.com Cover Design Nadia P. nad3e9@gmail.com
modern brokerage it is this kind of innovation that will keep the wheels turning and the industry moving forward (though others may argue this was precisely what caused the GFC in the first place). http://www.asiaetrading.com/asia-etrader-magazine/
Magazine Design The Magazine Production Company, Adur Business Centre, Little High Street, Shoreham-by-Sea, West Sussex, BN43 5EG
Printer Century View Printing Limited Units B3, B4 & A1; 10/F Ko Fai Industrial Building 7 Ko Fai Road Yau Tong Kowloon Hong Kong Advertising Enquiries support@asiaetrading.com eu@asiaetrading.com Subscription Enquiries support@asiaetrading.com eu@asiaetrading.com
It is with great pleasure that we bring to you our eighth addition of our humble magazine where we see Asia continue to grow and evolve.
Email:
support@asiaetrading.com Stephen J. Edge Editor
Scan the Quick Response Code with your iPhone or Android Phone to take you to the Subscription page
Wild Wild Web Ltd. Suite 508 5F Stag Building 148 Queen’s Road Central Hong Kong www.asiaetrading.com Š2013
www.asiaetrading.com z Q4 2013 z Asia Etrader
1