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The new office will promote HKEX's liquid primary and secondary cash markets, its connectivity with Mainland China's markets and its diverse suite of derivatives.
December 20, 2022 - Hong Kong Exchanges and Clearing Limited (HKEX) announced the opening of its New York office.
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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, its connectivity with Mainland China's markets and its diverse suite of derivatives.
Hong Kong is one of Asia Pacific's leading international trading, investment and risk management centres, and having a physical presence in New York, the financial capital of North America aims to support HKEX's ongoing commitment to global connectivity.
In his new role, Mr McAvoy will continue to report to HKEX Co-Head of Sales and Marketing, Kevin Rideout.
HKEX Chief Executive Officer Nicolas Aguzin 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. We look forward to deepening our relationships with investors, companies and risk managers across the region, connecting capital with opportunities and East with West. I am confident the office will play a vital role as we continue to build the vibrancy and attractiveness of our markets and our unique China Connect programmes."
Mr Aguzin added: "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. I have every confidence that he, together with the broader HKEX team, will be successful in supporting our global customers and driving new investors and companies to Hong Kong, the region's premier international financial centre."
Operating as HKEX (U.S.) LLC, the New York office will build out its team over the coming months. HKEX also plans to open a European office.e
