The Hong Kong Exchanges and Clearing (HKEX) announced that it will be setting up a new office in New York and will build out its team over the coming months.

The new New York office will complement HKEX’s existing international reach from its offices in Shanghai, Beijing, and Singapore.

Headed by Roger McAvoy, Managing Director and Head of Business Development, North America, the New York office will provide an on-the-ground dedicated team for HKEX’s North American customers.

The new office will promote HKEX’s liquid primary and secondary cash markets as well as its exclusive connectivity with Mainland China’s markets and derivatives.

In his new role, McAvoy will continue to report to HKEX’s Co-Head of Sales and Marketing, Kevin Rideout.

HKEX said that it will also be continuing with its plans to open a European office.

Nicolas Aguzin, Chief Executive Officer at HKEX said,

“At HKEX, we are fully focused on supporting the growth ambitions of our customers around the globe, and I am therefore today delighted to announce the opening of our New York office.

 

I am also delighted Roger will be leading our engagement in North America, having already done exemplary work in building our franchise in Southeast Asia over the past five years as head of our Singapore office.”