A former HSBC executive has joined OSTC, a global derivatives trading and education firm to lead the Greater China operations of its Hong Kong-based office.
Fladia Tang joins OSTC as country head Greater China, according to a statement, after over 20 years with British lender HSBC were she was most recently involved in the execution and implementation of mainland initiatives such as the setup of its Shenzhen-based securities joint venture and the wealth management subsidiary in Shanghai.
The firm has also hired ex-Asia head of European exchange, Euronext, Sammi Li to join as the Greater China head of sales, reporting to Tang. Previously, she also worked with other trading and exchange operators like the New York Stock Exchange, London International Financial Futures and Options Exchange and U.K.-based ICAP.
Diversified Financials
In addition to its global trading business, Tang is also tasked with the introduction of the firm’s other offering through its subsidiary ZISHI including financial education, artificial intelligence and biometric performance improvement services.
«Greater China represents a significant opportunity for OSTC, particularly as the futures market is maturing and barriers are being lowered for overseas investors,» said Lee Hodgkinson, OSTC CEO.
«Our strong existing relationships with commodity, futures and stock exchanges across the region, coupled with our market-leading technology offering, means we are ideally positioned for expansion.»