Joint Chief Operating Officer and Head of Clearing

Calvin Tai is the Joint Chief Operating Officer, Managing Director and Head of Clearing of HKEX. He is heading up the clearing and risk management of securities, derivatives and OTC clearing business in Hong Kong. He is also the Chief Executive of Hong Kong Securities Clearing Company Limited and OTC Clearing Hong Kong Limited.

Before moving to clearing business, Mr Tai was Co-Head of Equities, Fixed Income and Currency in Global Markets Division and before that the Head of Trading Division of HKEX overseeing trading operations, product and business development for equities, fixed income and currency markets.
Mr Tai joined the Hong Kong Futures Exchange Limited, before its merger with the Stock Exchange of Hong Kong, as the Head of Products in 1998. Before joining the Hong Kong Futures Exchange Limited, he served the banking industry in Hong Kong and held various management positions in ABN-Amro Bank N.V., HSBC and Royal Bank of Canada.

Mr Tai holds a Bachelor of Social Sciences degree from the University of Hong Kong.