Conference Programme 

Wednesday, January 24, 2018  at Hotel Grande Centre Point Terminal 21 (Sukhumvit)

19.00 – 20.00  Conference Welcome Cocktail

Thursday, January 25, 2018 at Hotel Grande Centre Point Terminal 21 (Sukhumvit)

09:00 – 09:15  Conference Welcoming Remarks

  • Chris Sturgess Chairman, Association of Futures Markets;
  • Dr. Chaiyawat Wibulswasdi, Chairman, Thailand Futures Exchange      

09:15 – 09:30  Keynote Address 1: Thailand Innovative Strategy: Opportunities and Challenges

  • Somchai Sujjapongse, Permanent Secretary, Ministry of Finance         

09:30 – 10:45  Roundtable 1:  The Rapidly Growing Financial Services Industry of Thailand

Thailand is moving towards innovation to drive its economy under Thailand 4.0 Strategy. This session will explore Thailand’s economic driving forces and discuss the country’s potential and readiness to become the hub of trade and investment in ASEAN. Panelists will share their view about the role of the Thai capital market to serve the country’s direction, together with the regulatory initiatives and policy changes required for the country’s strategic growth. 

Moderator: Dr. Pipat Luengnaruemitchai, Assistant Managing Director,  Phatra Securities

Panelists:

  • Rapee Sucharitakul, Secretary-General, Securities and Exchange Commission
  • Kesara Manchusree, President, The Stock Exchange of Thailand
  • Dr. Kirida Bhaopichitr, Research Director, Thailand Development Research Institute

10:45 – 11:15  Coffee break       

11:15 – 12:30  Roundtable 2: The Regional Futures Industry

The panel will explore the role that South East Asian futures exchanges palys in the global landscape. It will look at the various regional cooperation initiatives, those that have brought mutual benefit and value as well as any that may not have been quite so successful. It intends to explore the major drivers to success and try and align these with other such initiatives in Africa and South America. How well markets and the underlying commodity and financial communities are aligned, regulation and whether any national differences stand in the way of strong co-operation?

Keynote Address: Michael Syn, SGX Singapore

Moderator: Megain Widjaja, President, Director, Indonesian Commodity and Derivatives Exchange

Panelists:

  • Michael Syn, SGX Singapore
  • Denise Huang, Vice President, Business Development, TAIFEX, Taiwan
  • Bill Herder, Head of Asia-Pacific, FIA
  • Kesara Manchusree, President, The Stock Exchange of Thailand
  • Matthias Rietig, Senior Officer, Osaka Exchange - JPX, Singapore

12:30 – 14:00 Lunch

14:00 – 14:30 Keynote Address 2: The Broader Perspective: how global market changes impact regional markets

  • Bill Herder Head of Asia-Pacific, FIA

14:30 – 15:45  Roundtable 3: Evolving Exchanges: Challenges and Opportunities

Technology, Clearing and Services

It is recognized that the adoption of global trends, such as Fintech, CCPs, is at an initial stage in Asia. How does this look against the broader global picture? What is the current situation in Africa and South America: is there a uniform rate of development or do individual markets define their own parameters?

Current developments and the emergence of disruptive technologies

The panelists will share opinions about innovations that might displace established markets or resolve problems in precious metal, commodities, agricultural, and financial derivatives. The discussion will also touch on the potential applications in an exchange’s supply chain such as clearing, trading, marketing and delivering.

                        Moderator: Paul Constantinou, Association of Futures Markets

                        Panelists:

  • Hossein Mohammadi, Iran Mercantile Exchange
  • Terry Adembesa, Derivatives Market Director, Nairobi Securities Exchange, Kenya
  • Károly Mátrai, KELER CCP Hungary
  • Ismael Caram, Deputy CEO, Rosario Futures Exchange, Argentina
  • Thirapun Sanpakit, CIO, The Stock Exchange of Thailand                      

15:45 – 16:00  Coffee Break

16:00 – 17:00  AFM General Assembly (for Association members only!)

 19:00 - 22:00        Conference Dinner at Grand Park (F floor, Grand Center Point at Terminal 21)

 Friday, January 26, 2018 at the Conference Room of the Thaliand Futures Exchange

09.30 – 09:45  Opening address

  • Dr. Konstantin Saroyan Secretary General, Federation of Euro-Asian Stock Exchanges

 09:45 – 11:00  Success Criteria for Commodity Exchanges

  • Julian Roche University of Western Australia followed by

 Roundtable 4: Key Factors that Create and Evolve Successful Commodity Markets

The panel will discuss the factors identified by Julian and establish whether they are truly applicable and whether established markets can also benefit from their application.

Moderator: Roderick Gravelet-Blondin, Honorary Member, AFM

                        Panelists:

  • Julian Roche, University of Western Australia
  • Lamon Rutten, CEO, Indonesian Commodity and Derivatives Exchange
  • Gaurang Desai, CEO, Dubai Gold and Commodities Exchange
  • Aliksandr Bashliy, Head of Foreign Relations, Belarussian Universal Commodity Exchange
  • Nutthapong Hirunyasiri, CEO, MTS Gold Futures                      

11:00 – 11:30  Coffee break

11:30 – 12:45  Roundtable 5:  Sustainability of Futures Exchanges

For some this is a topic geared to stock exchanges however there is a dialogue developing in the futures markets. While futures markets may not be connecting companies with investors what about their own investors? Can ESG standards be set against the companies that operate behind the markets and let participants have similar information to that that is available in stock markets?

The panel will continue the debate between AFM members taking it forward in a consultative manner.

Moderator: Mark Holder, Managing Director, Delta Partners International

                        Panelists:

  • Jitesh Surendren, CEO, Mercantile Exchange, Nepal
  • Mezghan Qabool, Head of Branch Office, Senior VP, Sales Asia, EUREX
  • Denise Huang, Vice President, Business Development, TAIFEX
  • Roger McAvoy, SVP, Market Development, Head of SHEK and HKFE, Singapore Branch, Hong Kong Exchanges and Clearing Ltd.
  • Girish Raipuria, CEO, Shrikaam Fincom Consulting Pvt. Ltd., Global Consultants – Financial and Commodity Markets

12:45 – 14:00  Lunch

14:00 – 15:00  Roundtable 6: Evolving Exchanges: Challenges and Opportunities - Retail Investors

                        Exchanges globally have developed and invested in resources to service retail investors. The panelists will share their experiences of how retail investors contribute to the growth of the markets and share their views on what the future holds for retail investors, strategies to promote the retail investors base, and retail investors’ needs in services, technology, education, and marketing. Also, this session will discuss whether low latency trading cannibalizes or compliments retail investors.

Moderator: Chris Strugess, Chairman, AFM

                        Panelists:

  • Sophia Sung, Senior Vice President, EUREX
  • Raphael Karuaihe, Head, Commodities Capital Markets, JSE Limited
  • Rinjai Chakompipat, Managing Director, Thailand Futures Exchange  
  • Konstantin Saroyan, Secretary General, Federation of Euro-Asian Stock Exchanges
  • Chih-Hung Lin, Director and COO, KGI Securities Thailand       

    15:00 – 15:15 Coffee break

    15:15 – 16:15 Roundtable 7: Cryptocurrency: Now and Next

    Cryptocurrencies are transitioning into a recognized financial asset class while exchanges are developing their own offerings. This session will provide the overview of cryptocurrencies, its evolution, the response of derivatives market, and the future of this asset class.

    Moderator: Pat Kenny, SVP, CQG Inc.

                            Panelists:

    • Ms. Yvonne Zhang, Chief Executive Officer & Co-Founder, Aquifer Institute
    • Mr. Steve Jernigan, Co-Founder, Ramps.Io
    • Bill Herder, Head of Asia-Pacific, FIA
     

16:15 – 16:30 Look to the Future and Concluding Remarks

  • AFM Incoming Chairman

16:30 – 18:00 Transport to the River for Dinner Cruise

 

18:00 – 20:00  Dinner Cruise on Chao Phraya with dinner

 

20:00 – 21:00 Transport back to the Grande Centre Point at Terminal 21 Hotel