< 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
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
