Capital Markets

[Webinar] US Equities Around the Clock: Navigating the 23 x 5 Trading Rollout

Overview

This session will examine the latest developments in the US 23 x 5 trading rollout, including the applicable rules and key market considerations. Through a fireside chat, it will explore the potential implications for price discovery, liquidity, execution quality, as well as preparing institutional investors in Asia and brokers for the changes.

Content Highlight

Introduction

Latest update on the US 23 x 5 rollout, including rules and key information

Fireside Chat

1. Why is it introduced?
2. A matter of convenience or a structural change to the US stock market?
3. Implications for price discovery and liquidity
4. How practitioners in Asia can leverage extended-hours trading
5. Changes in market and execution quality
6. Strategies best suited to different trading times
7. What brokers should be aware of ahead of the changes

Who Should Attend

Asset and wealth managers, traders and brokers, institutional investors, and other practitioners interested.

Instructor / Speaker

Samuel Leung serves as the Managing Director and Chief Strategy Officer at BTIG APAC. In this role, he partners with APAC’s CEO and COO to shape the company’s regional strategies. He also spearheads the Platform Solution division in APAC, focusing on growing the electronic trading platform in the region and enhancing the firm’s technological presence locally. His tenure at BTIG began in 2010. Before BTIG, Mr. Leung worked in Macquarie Bank Hong Kong and started his career with Cathay Pacific Airline’s e-Business Team. Mr. Leung earned his MSc in Information System and Operation Management from the University of Science and Technology in Hong Kong.

Marco Chung is Head of Business Development, APAC (Ex-China) at the New York Stock Exchange (NYSE), where he leads regional business development and strategic engagement across both the Capital Markets and Transactions businesses. He works with issuers, investors, broker-dealers, and financial institutions to support capital formation, enhance market access, and strengthen participation in U.S. equity markets.

Administrative Details

Code
TSBCM26000801
Date & Time
Tuesday, 1 Dec 2026 (12:00 PM - 01:00 PM)
Venue
Virtual Platform
Relevant Subject
Type 1 - Dealing in securities
Type 4 - Advising on securities
Type 9 - Asset management
Language
Trad. Chi / Cantonese
Hours
SFC:1.00, PWMA:1.00
Fees
All Member: HK$290
HKSI Institute Staff: Free
Honorary Fellow Member: Free
Non-Member: HK$580
Staff of Corporate Member: HK$290