HKEX appoints head of post-trade business development

Source: Hong Kong Exchange

Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce that Cindy Chen today (Thursday) joins the company as Head of Post-Trade Business Development, Clearing.

She will report to Joint Chief Operating Officer and Head of Clearing, Calvin Tai.

The HKEX Post-Trade Business Development Team, established in mid-2018, is responsible for leading and developing HKEX’s offering in the post-trade environment across equities, fixed income and currency markets. Ms Chen will lead this team, identifying new business opportunities and working with our broad customer and stakeholder base to develop our clearing services. She will also oversee our Distributed Ledger Technology (DLT) project, a blockchain-powered post-trade allocation and processing platform, as part of our group-wide commitment to bring greater efficiency to the market through technological innovation.

"We are delighted to welcome Cindy to HKEX,” said Calvin Tai. “Her considerable expertise, knowledge of Hong Kong and international financial markets and her proven track record in business development will be of immense value to us as we look to further develop our post trade business. I know she will be a very valuable addition to the team.”

Ms Chen joins HKEX from Citi Hong Kong, where she was most recently the Head of Securities Services. She has over 20 years of experience in Capital Markets and Securities and Fund Services with Citi in Hong Kong and New York. Ms Chen holds a bachelor’s degree and a master’s degree from Cornell University, and a Financial Engineering Certification from the Cornell Johnson Management School of Business and Cornell Graduate School of Engineering, all in the US.

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