This content is from: Home

The 2014 Tech 50: Charles Li

< The 2014 Tech 50: Moving Out of the Lab and Into the Cloud 20 Charles Li Chief ExecutiveOfficer Hong KongExchanges and Clearing (PNR)

As president of Merrill Lynch & Co.’s operations in China (1999–2003) and chairman of JPMorgan Chase & Co.’s activities there (2003–’09), Charles Li gained an investment banker’s appreciation of information technology in emerging markets and how critical it would be in building capital market infrastructures. Since 2010 that has been Li’s business as chief executive of Hong Kong Exchanges and Clearing. Li began laying technological groundwork two years ago with the HK$3 billion ($387 million) Orion project. Significant market data, derivatives and clearing upgrades were completed over the past year while HKEx turned its attention to international connectivity — to the London Metal Exchange, which the Hong Kong market acquired in December 2012 for $2.2 billion, and to Shanghai–Hong Kong Stock Connect. The latter — the long-­discussed “through train,” due to open later this year — will be a “significant breakthrough in the opening of China’s capital market,” says the 52-year-old Li.

  The 2014 Tech 50 Click name to view ranking profile.
1 1 3 4 5
Thomas Secunda
Bloomberg
Jeffrey Sprecher
Intercontinental Exchange
Catherine Bessant
Bank of America Corp.
Stephen Neff
Fidelity Investments
Lance Uggla
Markit
6 7 8 9 10
Robert Goldstein
BlackRock
David Craig
Thomson Reuters
Phupinder Gill
CME Group
Anna Ewing
NASDAQ
OMX Group
R. Martin Chavez
Goldman Sachs Group
11 12 13 14 15
Deborah Hopkins
Citi Ventures
Dan Mathisson
Credit Suisse
Daniel Coleman
KCG Holdings
Michael Spencer
ICAP
Michael Bodson
Depository Trust &
Clearing Corp.
16 17 18 19 20
Joe Ratterman
BATS Global Markets
Dominique Cerutti
Euronext
Ron Levi
GFI Group
Gaurav Suri
D.E. Shaw Group
Charles Li
Hong Kong
Exchanges and
Clearing
21 22 23 24 25
Lou Eccleston
S&P Capital IQ
Lee Olesky
Tradeweb Markets
Richard McVey
MarketAxess Holdings
Seth Merrin
Liquidnet Holdings
Antoine
Shagoury

London Stock
Exchange Group
26 27 28 29 30
Christopher
Perretta

State Street Corp.
Kevin Rhein
Wells Fargo & Co.
Peter Carr
Morgan Stanley
Hauke Stars
Deutsche Börse
Robert Alexander
Capital One
Financial Corp.
31 32 33 34 35
David Gershon
SuperDerivatives
Chris Corrado
MSCI
Joseph Squeri
Citadel
Tanuja Randery
BT Global Services
John Bates
Software AG
36 37 38 39 40
Gary Scholten
Principal Financial Group
David Gledhill
DBS Bank
Simon Garland
Kx Systems
Cristóbal Conde
FinTech Innovation Lab
Jeff Parker
EidoSearch
41 42 43 44 45
Kim Fournais &
Lars Seier Christensen

Saxo Bank
Kenneth Marlin
Marlin & Associates
Tyler Kim
MaplesFS
Jim McGuire
Charles Schwab Corp.
Jim Minnick
eVestment
46 47 48 49 50
Steven O’Hanlon
Numerix
Sebastián Ceria
Axioma
Yasuki Okai
Nomura Research Institute
Niki Beattie
Market Structure Partners
Mas Nakachi
OpenGamma