Hong Kong Exchange’s Arculli Steps Down After Six Years
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Hong Kong Exchanges & Clearing Ltd., surpassed by CME Group Inc. as the world’s biggest bourse by market value, will fall behind others if it’s not vigilant, said Ronald Arculli, who stepped down as chairman today.
“It doesn’t matter if it’s the Cambodian or the Laotian exchange, somebody could overtake us,” Arculli said in an April 12 interview. “You’ve just got to be totally vigilant all the time and not take life for granted. To be international, you’ve got to work very hard at it, as you’ve got to work very hard at being local as well.”