CLEARING PANEL 2010 – Singapore EDITION

 Panellists

Emma Larkham, Executive Director, Morgan Stanley
Emma Larkham is the Asia Regional Head of Listed Derivatives Operations at Morgan Stanley, having previously managed the Client Service and Clearing functions in both Asia and Europe. In addition to Listed Derivatives, Emma has worked in Cash Equity and Fixed Income in a variety of different roles including Project Management, Business Enablement and Client Relationship Management. 

 Thomas McMahon, Chief Executive Officer, Singapore Mercantile Exchange (SMX)
 Mr Thomas J. McMahon is Chief Executive Officer of Singapore Mercantile Exchange. Mr. McMahon brings with him over 25 years of industry experience in derivatives and commodities across Asia and USA. Prior to joining SMX, he was President of Hong Kong Mercantile Exchange and former Director of NYMEX Asia.

Mr. McMahon joined NYMEX as director of Asia after acting as an advisor to the Exchange in its agreement to link NYMEX ACCESS® with the Tokyo Commodity Exchange in 2004. In launching NYMEX Asia, Mr. McMahon brought the established Energy and Metals contracts of the exchange to the Asian business community and instituted a development program for Asia region specific contracts. In September 2005 NYMEX launched Singapore 180 fuel oil swap. This was followed by a 380 bunker swap and the East West Swap, tying the European refiners market to Southeast Asia. In the course of launching the new products Mr. McMahon established good working relationships with the various regional regulatory agencies including the SFC, CSRC, MAS, METI, MOF, FMC and DFSA. From 1993 to 2003, Mr. McMahon was an owner-operator of Gaslink.Com, focusing on the order execution of natural gas futures and options contracts. He began his career as a member of the New York Cotton Exchange and the New York Coffee, Sugar and Cocoa Exchange which is now a part of the IntercontinentalExchange. He became a member of NYMEX in 1982. In 1984, he served as vice chairman of the petroleum advisory committee, prior to the launch of the gasoline futures contract. Mr. McMahon was elected onto the NYMEX board of directors in 1987 and served as chairman of natural gas advisory and petroleum delivery committee leading up to the launch of the natural gas futures contract.

Todd Keenan is the Regional Head of ETD Operations Utility team (Clearing, Brokerage and Reference Data), having previously managed the Clearing functions in both Hong Kong and Sydney.  Prior to UBS Todd worked in a variety of derivatives operations roles in both London and Sydney for ABN Amro, Deustche Bank and Macquarie Bank.

Philip Joslin is the Head of Eurex’s Representative Office in Singapore, a role he’s held since the exchange opened the office in September 2009. Mr. Joslin oversees business development efforts in Southeast Asia, India, Australia, New Zealand and Dubai. He is responsible for recruiting new members, building strategic alliances, promoting awareness for existing products and developing new product ideas for the respective markets. His work is instrumental in Eurex’s overall growth strategy to expand its presence in the Asia-Pacific region.

Prior to his current role, Mr. Joslin spent almost 15 years at Fimat International Banque S.A. (now known as Newedge Group) in various positions of increasing responsibility. Most recently, he was deputy general manager for the brokerage firm’s Frankfurt office, where he oversaw all commercial and business development activities and was instrumental in creating the group’s global business line: PTG – Professional Trading Group. Mr. Joslin also has several years of experience in the OTC derivatives markets, clearing segment and client relationship management.

Mr. Joslin holds a bachelor’s degree in history and literature from Franklin College in Sorengo, Switzerland. He resides in Singapore and is an avid reader and enjoys travel & tennis.