People Moves: HKEx, FCA, Clear Street, and more

A look at some of the key "people moves" from this week, including Prerak Sanghvi (pictured), who joins Clear Street as vice president of engineering.

Prerak Sanghvi

HKEx president and COO Calvin Tai to retire

Hong Kong Exchanges and Clearing (HKEx) has announced that Calvin Tai, president and chief operating officer, will retire at the end of May. Tai will also retire as chief executive of the Stock Exchange of Hong Kong (SEHK) and Hong Kong Futures Exchange (HKFE).

HKEx has named John Buckley, current head of exchange operations and transformation, and Wilfred Yiu, current co-head of markets, as co-COOs following Tai’s retirement. Yiu will also succeed

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Removal of Chevron spells t-r-o-u-b-l-e for the C-A-T

Citadel Securities and the American Securities Association are suing the SEC to limit the Consolidated Audit Trail, and their case may be aided by the removal of a key piece of the agency’s legislative power earlier this year.

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