Tsai Li Renn is head of product and sales at Tradeweb Asia. Tsai joined Tradeweb in March 2017 from SGX, where he served as senior vice-president, head of fixed income trading. Prior to joining SGX in 2013, he held key roles at DBS and UBS.
Hong Kong has made some progress, but will need to accelerate its pace to complete the transition by the end-of-year deadline. In Singapore, on the other hand, the monetary authority has made a clear road map to the use of its new reference rate.