ACI英国总裁兼新交所流动性管理与数据主管休·惠兰（Hugh Whelan）在2024年金融巨头伦敦峰会（FMLS：24）期间强调了流动性管理、数字创新和市场结构演变日益重要的意义。

惠兰在接受乔纳森·法恩采访时分享了该协会将重点扩大到外汇之外，以及其在促进金融市场教育和治理方面发挥的更广泛作用的见解。

ACI将焦点扩大到外汇之外

惠兰表示：“ACI正在从主要以FX为重点转变为涵盖支付、数字资产和衍生品。”他强调，鉴于现代金融服务的相互关联性，需要采取更广泛的方法。"

支付现在是一个重要的关注领域，这一领域的创新至关重要，特别是对于无法访问像CLS这样大型结算系统的非金融机构来说，”他补充道。

ACI UK还邀请了新的执行成员，包括Pritesh Sukhdev等人物，代表大宗商品、大宗经纪和混合零售机构模式等多元化行业。惠兰指出，这种多元化与该协会的全球教育计划是一致的，其中包括对其治理和基于原则的培训的认证。

新加坡交易所和流动性的未来

In his role at SGX, Whelan elaborated on the Singapore Stock Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term's strategy to position itself as a comprehensive FX provider. SGX’s acquisitions of BidFX and Max Trader have bolstered its capabilities, enabling it to offer end-to-end solutions for medium to small financial institutions and macro hedge funds.

惠兰解释说：“我们的目标是整合上市产品和场外产品，为价格聚合、白标服务和宏观对冲提供工具。”

谈话谈到了峰会“裸体游泳”小组会议期间强调的流动性挑战，并引用了沃伦·巴菲特关于市场敞口的名言。惠兰强调了行业在了解流动性质量方面取得的进步。

“这不仅与价格有关，还与行为和执行标准有关，”他说。“与较少的流动性提供者保持关系通常会产生更好的结果。”

数据和市场监督

惠兰还谈到了数据分析在管理流动性方面日益重要的作用。“今天，挑战不是访问数据，而是理解它，”他说。汇总和规范化数据以促进有意义的对话是新加坡交易所的首要任务。

他还讨论了识别流氓活动和交易系统内的流动性的问题。惠兰表示：“当有人滥用流动性时，这种情况是大规模可见的，像新交所这样的交易所必须解决这些行为以维护市场完整性。”

该行业已经开发出了检测和管理有毒交易行为的复杂方法。当零售层面发生不当交易行为时，其影响可以通过市场结构追踪，表现为“循环流动性”。“具有重要市场参与度的场馆可以迅速识别和解决此类行为。

倡导更广泛的收养

The interview concluded with reflections on the adoption of the FX Global Code, a set of best practices for market participants. While Whelan acknowledged widespread adoption among sell-side Sell-Side Those in the financial industry involved with the production, marketing, and the sale of bonds, forex, stocks, and other financial instruments constitute the sell-side.Products and services produced by the sell-side are geared towards those who on the buy-side. You can think of the sell-side and buy-side like a coin, you cannot have one side without the other. The sell-side is comprised of individuals, firms, fintech companies, and market makers, who are responsible for providing liquidity in th Those in the financial industry involved with the production, marketing, and the sale of bonds, forex, stocks, and other financial instruments constitute the sell-side.Products and services produced by the sell-side are geared towards those who on the buy-side. You can think of the sell-side and buy-side like a coin, you cannot have one side without the other. The sell-side is comprised of individuals, firms, fintech companies, and market makers, who are responsible for providing liquidity in th Read this Term institutions, he pointed to gaps in buy-side engagement.

“引入资产管理公司、对冲基金和系统性交易员仍然是一个挑战，”他承认。然而，他对更积极地让这些团体参与的持续努力表示乐观。

该行业正在积极努力让资产管理公司、对冲基金和系统性交易员参与咨询过程。

您可以在这里找到伦敦峰会的更多有趣采访。

ACI英国总裁兼新交所流动性管理与数据主管休·惠兰（Hugh Whelan）在2024年金融巨头伦敦峰会（FMLS：24）期间强调了流动性管理、数字创新和市场结构演变日益重要的意义。

惠兰在接受乔纳森·法恩采访时分享了该协会将重点扩大到外汇之外，以及其在促进金融市场教育和治理方面发挥的更广泛作用的见解。

ACI将焦点扩大到外汇之外

惠兰表示：“ACI正在从主要以FX为重点转变为涵盖支付、数字资产和衍生品。”他强调，鉴于现代金融服务的相互关联性，需要采取更广泛的方法。"

支付现在是一个重要的关注领域，这一领域的创新至关重要，特别是对于无法访问像CLS这样大型结算系统的非金融机构来说，”他补充道。

ACI UK还邀请了新的执行成员，包括Pritesh Sukhdev等人物，代表大宗商品、大宗经纪和混合零售机构模式等多元化行业。惠兰指出，这种多元化与该协会的全球教育计划是一致的，其中包括对其治理和基于原则的培训的认证。

新加坡交易所和流动性的未来

In his role at SGX, Whelan elaborated on the Singapore Stock Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term's strategy to position itself as a comprehensive FX provider. SGX’s acquisitions of BidFX and Max Trader have bolstered its capabilities, enabling it to offer end-to-end solutions for medium to small financial institutions and macro hedge funds.

惠兰解释说：“我们的目标是整合上市产品和场外产品，为价格聚合、白标服务和宏观对冲提供工具。”

谈话谈到了峰会“裸体游泳”小组会议期间强调的流动性挑战，并引用了沃伦·巴菲特关于市场敞口的名言。惠兰强调了行业在了解流动性质量方面取得的进步。

“这不仅与价格有关，还与行为和执行标准有关，”他说。“与较少的流动性提供者保持关系通常会产生更好的结果。”

数据和市场监督

惠兰还谈到了数据分析在管理流动性方面日益重要的作用。“今天，挑战不是访问数据，而是理解它，”他说。汇总和规范化数据以促进有意义的对话是新加坡交易所的首要任务。

他还讨论了识别流氓活动和交易系统内的流动性的问题。惠兰表示：“当有人滥用流动性时，这种情况是大规模可见的，像新交所这样的交易所必须解决这些行为以维护市场完整性。”

该行业已经开发出了检测和管理有毒交易行为的复杂方法。当零售层面发生不当交易行为时，其影响可以通过市场结构追踪，表现为“循环流动性”。“具有重要市场参与度的场馆可以迅速识别和解决此类行为。

倡导更广泛的收养

The interview concluded with reflections on the adoption of the FX Global Code, a set of best practices for market participants. While Whelan acknowledged widespread adoption among sell-side Sell-Side Those in the financial industry involved with the production, marketing, and the sale of bonds, forex, stocks, and other financial instruments constitute the sell-side.Products and services produced by the sell-side are geared towards those who on the buy-side. You can think of the sell-side and buy-side like a coin, you cannot have one side without the other. The sell-side is comprised of individuals, firms, fintech companies, and market makers, who are responsible for providing liquidity in th Those in the financial industry involved with the production, marketing, and the sale of bonds, forex, stocks, and other financial instruments constitute the sell-side.Products and services produced by the sell-side are geared towards those who on the buy-side. You can think of the sell-side and buy-side like a coin, you cannot have one side without the other. The sell-side is comprised of individuals, firms, fintech companies, and market makers, who are responsible for providing liquidity in th Read this Term institutions, he pointed to gaps in buy-side engagement.

“引入资产管理公司、对冲基金和系统性交易员仍然是一个挑战，”他承认。然而，他对更积极地让这些团体参与的持续努力表示乐观。

该行业正在积极努力让资产管理公司、对冲基金和系统性交易员参与咨询过程。

您可以在这里找到伦敦峰会的更多有趣采访。