GLOBAL CLEARING
G. H. FINANCIALS NEWSLETTER
Issue: #9 | June 2016
The global exchange-traded derivatives market place is one of the most dynamic markets in the world.
G. H. Financials quarterly Newsletter – “Global Clearing” – aims to give our clients an overview and insight into
how G. H. Financials is leading from the front in adapting to an ever-changing market landscape in order to give our
clients market-leading service and support in their trading activities.
INTRODUCTION FROM CHICAGO
Mark Phelps, Global Head of Sales & Marketing
It’s hard to believe that we are nearly half way through 2016! The pace of this industry seems to get
faster every year, and I can tell you that along with this the hours get longer also!
Part of our strategy at GHF has always been to build a truly global clearing business, that meant
setting up offices in Chicago, London and Hong Kong and today that means handling clients from the
Far East and all the way across the globe to the west coast of America. Our business is seeing
tremendous growth across all regions in 2016 and I often get asked “what’s driving the growth at
GHF?”.
It’s not an easy question to answer but I will try, as there are various drivers in fact. Some of the larger
Bank clearers are off-boarding clients, and some of these are finding their way to GHF; we are a
non-Bank clearer and, with the use of ISA and OSA accounts, we are able to attract clients that
historically would not consider firms like ours to be a natural counterparty.
We are also fortunate enough to have what I call “niche” clearing memberships. For example, we
became a Eurex GCM 2 years ago, this is helping us to attract a number of Eurex NCMs. Last year we
became a remote clearing participant on ASX, which enables us to offer DMA and competitive rates to
clients outside of Australia.
But the one thing that is really driving the growth, it is the people who work at GHF. Our aim is to
become one of the largest, and most professional global clearers in the industry. It’s hard work but
we are inching closer towards our goal and I hope you will reach out to us if you want to find out more
about our services.
Enjoy the Summer and let’s hope for a busy second half for 2016.
Mark Phelps:
[email protected]
NEWS
Technology & Connectivity:
G. H. Financials selects OptionsCity for Options
Risk Management
17 May 2016 | Chicago
G. H. Financials has selected OptionsCity Metro as the primary risk
management tool for its options clearing operation from OptionsCity
Software, a global provider of futures and options trading and
analytics solutions.
G. H. Financials’ risk management team will utilize Metro’s robust
analytics to evaluate and monitor its risk on a continuous real-time
basis.
Alastair Moffatt, Chief Risk Officer at G. H. Financials said:
“OptionsCity Metro is the best out-of-the-box options analytics and
risk management platform available. Metro also gives us the ability
to build or add custom apps that match our specific workflow as we
scale our operation.”
Find out more:
www.ghfinancials.com/en/more/news/optionscity
G. H. Financials & Celoxica Announces New Low
Latency End-to-End Trading Platform
5 May 2016 | London
G. H. Financials and Celoxica have announced the release of a fully
automated, ultra-low latency, market data gateway and Risk Direct
Market Access (DMA) platform for futures markets.
Find out more:
www.ghfinancials.com/en/more/news/celoxica
G. H. Financials & Object Trading bring the World
to ASX 24
14 March 2016 | London
Object Trading and G. H. Financials have announced readily-available
direct market access to the ASX 24.
G. H. Financials has become a conformed broker on the managed DMA
(Direct Market Access) service platform of Object Trading.
Market participants can now easily trade on the ASX 24, with minimal
onboarding times, as G. H. Financials’ execution, clearing, and risk
management infrastructure and related setup processes are in place
and already active on the Object Trading platform.
Find out more:
www.ghfinancials.com/en/more/news/object-asx-24
[email protected]
www.ghfinancials.com
continued...
People:
Sharon Shi Ning Appointed to FIA Advisory
Board
15 April 2016
Sharon Shi Ning, Managing Director of G. H. Financials (Hong Kong) Ltd.
has been appointed to the FIA’s Asia Advisory Board.
Sharon joins Mark Ibbotson, Group CEO G. H. Financials, who is on the
global Board of the FIA and also sits on their Europe Advisory Board.
Find out more:
www.ghfinancials.com/en/more/news/fia-asia-appointment
Mark Ibbotson Appointed Board Member of
FIA
Mark Ibbotson, Group CEO G. H. Financials, has been appointed to the
FIA’s Board of Directors as well as to the FIA Europe Advisory Board.
Find out more:
www.ghfinancials.com/en/more/news/fia-board-appointment
Sponsorships:
G. H. Financials Sponsors FIA’s 9th Annual IDX
Gala Dinner
June 2016 | London
G. H. Financials is pleased to be sponsoring the 9th Annual IDX Gala
Dinner on 8 June 2016 at the Artillery Gardens at the Honourable
Artillery Company, London.
Find out more:
www.ghfinancials.com/en/more/events/idx-gala-dinner
G. H. Financials Co-Sponsors Round Table
Hosted by FOW Magazine
6 April 2016 | London
G. H. Financials co-sponsored a White paper hosted by Futures and
Options World Magazine on how the buy-side is evolving to meet the
demands of the market..
Find out more:
www.ghfinancials.com/en/more/news/fow-round-table
[email protected]
www.ghfinancials.com
continued...
EXCHANGE FOCUS
CME Group:
Crude Volatility Continues
NYMEX WTI (CL) crude oil volume has continued to grow in
conjunction with the volatility in the oil markets. With the US crude oil
export ban lifted and WTI reconnecting with the global oil market,
NYMEX WTI futures (CL) now have over 1.8 million contracts in open
interest out through 2024.
We are also seeing an increased electronic execution of our oil options
including 54% of NYMEX WTI Physical CSOs (WA) traded on-screen in
April (a 13 fold increase in electronic volume since the beginning of the
year). Additionally, 77% of WTI options were traded electronically in April,
a new record.
Visit our quotes pages to learn more about the crude oil futures and
opportunities for you.
Find out more:
www.cmegroup.com/trading/energy/crude-oil/light-sweet-crude.html
UPCOMING EVENTS
FIA IDX 2016 / IDX Gala Dinner
The Brewery,
London
G. H. Financials staff from around the world will be attending the IDX
conference in London.
7-8 June 2016
The International Derivatives Expo (IDX) is one of the leading derivatives
industry events in the world and will attract over 1,500 delegates from
over 30 countries. The conference programme covers a wide area of
industry related topics - all presented by influential industry figures.
G. H. Financials sponsoring the IDX Gala Dinner
Additionally, G. H. Financials will be sponsoring the IDX Gala Dinner
on the last night of the conference which will be raising money for the
Future for Kids charity.
Find out more:
idx2016.fia.org
PREVIOUS EVENTS
Derivatives World, Asia
Hong Kong
April 2016
[email protected]
www.ghfinancials.com
G. H. Financials was pleased to sponsor FOW’s Derivatives World Asia
conference - Asia’s most successful derivatives conference.
The conference was the leading derivatives event within the Asian
market and featured panellists from all the key international and regional
players.
Find out more:
www.ghfinancials.com/en/more/events/derivatives-world-asia
continued...
FFK Day 2016
London | Chicago
Hong Kong
May 2016
The Futures industry joined together to raise money for Futures for Kids
by participating in FFK Day 2016. G. H. Financials joined many other
leading market participants across the world in raising money on the
day for Futures for Kids.
Find out more:
www.ghfinancials.com/en/more/news/ffk-day-2016
NETWORKING
If you would like to meet G. H. Financials, we will be attending the following upcoming events.
FIA IDX 2016
London
7-8 June 2016
LME Week Asia 2016
Hong Kong
14 June 2016
FIA Forum: Hong
Kong 2016
Hong Kong
Sharon Shi Ning (Managing Director G. H. Financials (Hong Kong) Ltd.),
Russell Levens (CEO G. H. Financials, LLC) and Mark Phelps (Global
Head of Sales & Marketing) will be attending the FIA’s IDX 2016 in
London.
Sharon Shi Ning (Managing Director G. H. Financials (Hong Kong) Ltd.),
and Gemma Lloyd (Global Head of Service Delivery) will be attending
HKEX’s LME Week Asia 2016 at the Hong Kong Convention and
Exhibition Centre.
Sharon Shi Ning (Managing Director G. H. Financials (Hong Kong) Ltd.),
and Gemma Lloyd (Global Head of Service Delivery) will also be
attending the FIA Forum: Hong Kong 2016 and the following networking
event at the Exchange Exhibition Hall.
16 June 2016
2nd China Germany
Eurex Workshop
Sharon Shi Ning (Managing Director G. H. Financials (Hong Kong) Ltd.)
will be attending this event.
Bejing
28-29 June 2016
[email protected]
www.ghfinancials.com
continued...
FOW Trading
Singapore
Singapore
Sharon Shi Ning (Managing Director G. H. Financials (Hong Kong)
Ltd.) and Mark Phelps (Global Head of Sales & Marketing) will be
attending this event at the Marina Mandarin Hotel.
22 September 2016
12th Annual Asia
Derivatives
Conference
Singapore
Mark Ibbotson (Group CEO G. H. Financials) and Sharon Shi Ning
(Managing Director G. H. Financials (Hong Kong) Ltd.) will be
attending the 12th Annual Asia Derivatives Conference at the St Regis
Hotel.
6 December 2016
If you would like to arrange a meeting, please get in touch:
Mark Ibbotson:
Russell Levens:
Gemma Lloyd: Mark Phelps: Sharon Shi Ning: [email protected]
[email protected]
[email protected]
[email protected]
[email protected]
FIND OUT MORE
If you want to find out more about any of the items covered in this newsletter, or find out how
G. H. Financials could help your business, please get in touch with us:
Email: Our contact form:
[email protected]
www.ghfinancials.com/en/contact
London:
t: +44 (0)20 7653 6409 ext. 1700
Chicago:
t: +1 312 544 0316 ext. 2102
Hong Kong:
t: +852 5808 0324 ext. 2201
G. H. Financials Limited is authorised and regulated in the UK by the Financial Conduct Authority. G. H. Financials, LLC is
[email protected]
www.ghfinancials.com
regulated by the Chicago Mercantile Exchange (“CME”) as the Designated Self-Regulatory Organisation (“DSRO”) on behalf of the Commodity
Futures Trading Commission “CFTC”). G. H. Financials (Hong Kong) Limited is regulated in Hong Kong by the Securities and Futures
Commission.