CME embarks on Asian FX drive

Lam joins the exchange at director level in a newly created role based in Singapore, reporting to Chicago-based managing director of FX products Derek Sammann.

According to Hong Kong-based CF Wong, CME's managing director of products and services in Asia, Lam's hire is part of a growing focus on FX in Asia for the exchange. Lam joins a 10-strong multi-asset team. His targets include diversifying the region's client base and building product awareness.

Wong said the exchange is increasing its