Chinese Trading And Investment Association



Chinese futures markets are interesting and unique in many ways such as market access, rules and regulations, role of exchanges and brokers, fee structure, participants, price dynamics, relation to international markets, etc. These unique and important features will be illustrated in details by seasoned industry experts.

Event Details

Organizer:Chinese Trading & Investment Association (CTIA)

Sponsors:Drinker Biddle

Date/Time: 4:30pm-8:00pm, Wednesday, December 19, 2018

Venue: Drinker Biddle, 191 N Upper Wacker Dr, Chicago, IL 60606

Attire:  Business casual recommended

Food/drinks:  Food and drink will be provided


4:30 PM - 5:00 PM    Sign-in & Networking

5:00 PM – 5:30 PM    Dinner & Social

5:30 PM – 5:40 PM    Welcome Speech by Tony Zhang

5:40 PM - 6:10 PM    Futures Trading in China vs. in the US by Steve Xu

6:10 PM - 6:25 PM    Q&A 

6:25 PM - 7: 00 PM Microstructure Features and Examples of High Frequency Trading in Chinese Futures Markets by Dr. Donggeng Gong

7:00 PM - 7:15 PM    Q&A 

7:15 PM - 7: 45 PM Chinese futures markets & innovative businesses of futures companies by Frank Lu

7:45 PM - 8:00 PM    Q&A 

Featured Speakers

Steve Xu

Steve Xu, partner of Hehmeyer Trading and Investment LLC, ScienceVessel Lab LLC, Shanghai Dituo Investment LLP and president of the CTIA, has 13 years experience in futures trading. In 2005 he started his career in Jump Trading as a trader. In 2009, he joined HTG Capital Partners LLC (later renamed to “Hehmeyer Trading and Investment LLC”) as a partner and built a HFT desk. In 2015, he founded Shanghai Dituo Investment LLP which provides trading technology solutions to traders, hedge funds and brokerage firms in China. In 2017 he founded ScienceVessel Lab LLC which develops cutting-edge trading technologies. In 2008, he founded the Chinese Trading Club which became the Chinese Trading and Investment Association after merging with the Chinese Derivatives Association in 2016.


 Futures Trading in China vs. in the US


In this talk, Mr. Xu will illustrate major similarities and differences in futures trading between China and the US.

Dr. Donggeng Gong


Dr. Gong took various leading positions including chief quantitative analyst, first vice president, senior vice president of modeling, director of financial engineering group, director and head quant of automated market making group, CEO of a cofound hedge fund. He wrote over 89 documents and papers about models and strategies, and he has been a guest professor and adjunct advisor of two Chinese financial universities. He has been also serving as the board chair of Shanghai MQT Investments in the last five years for conducting HF trading of Chinese futures.

Dr. Gong’s experience ranges from 1) pure math research including the famous Novikov conjecture conducted in the University of Chicago and two well-known math research institutes (Math Sci Research Inst., Berkeley, and Max-Planck Math Inst., Bonn); 2) stock analysis and investment strategies; 3) full development of  futures and options trading systems and risk controls; 4)  math models and trading strategies of interest rate and mortgage derivatives, and exotic equity and FX options; to 5) high frequency trading of futures and equity options, which were carried out in three international banks (Fimat, a subsidiary of  Societe Generalle Group, ABN AMRO bank, and Bank of America Merrill Lynch) , two hedge funds,  and an equity option trading firm.


Microstructure Features and Examples of High Frequency Trading in Chinese Futures Markets


We first describe current HF trading situation of Chinese futures markets, and then mainly discuss microstructure features which are crucial for predicting futures prices by parametric or machine learning methods. Some HF strategy examples will be presented as well.

Frank Lu


Frank Lu is Head of Options Trading and Structural Finance in Changjiang Futures in charge of its OTC options trading, Options market making and options CTA business. Previously worked at Kershner Trading Group and Akuna Capital as quantitative trader specialized in  equity, energy and agriculture markets. Graduated from Columbia University as master and Tongji University as bachelor. 


Chinese futures markets & innovative businesses of futures companies 


His talk will focus on 1) latest state  of futures companies in China; 2) development of OTC options markets and exchange-traded options markets; 3) futures and options asset management business and 4) prospects of Chinese derivatives markets. 

Online Registration

Registration:  Register and Pay(please click the link below): Register and Pay Online

Participants:  Open to CTIA members, Student and the General public are welcome.


CTIA Member: $35

Non-member : $45


CTIA Dinner

Wednesday 12-19-2018     5:00 p.m.


Seared Sirloin with Red Wine and Caramelized Leek Reduction

Pan Roasted Salmon with Saffron Buerre Blanc


Roasted Winter Vegetables


Wild Mushroom and Barley Pilaf


Winter Citrus Salad with Kale, Toasted Pecan, Grapefruit Supremes, Pickled Pomegranate, Goat Cheese and Blood Orange Vinaigrette


Assorted Cookies

Seasonal Fruit Salad


协会欢迎从事金融交易和投资领域工作的职业人士的加入。也非常期待和其他同业协会、 公司、交易所以及相关监管部门进行各种形式的合作和交流。

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