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13 December 2018
Hong Kong
Reporter Jenna Lomax

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HKEX appoints head of post-trade business development

Hong Kong Exchanges and Clearing (HKEX) has appointed Cindy Chen as head of post-trade business development, clearing.

Chen will report to joint COO and head of clearing, Calvin Tai.

Chen will lead the post-trade business development team, identifying new business opportunities and working with our broad customer and stakeholder base to develop our clearing services.

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.

Chen will also oversee HKEX’s distributed ledger technology project, a blockchain-powered post-trade allocation and processing platform.

Chen joins HKEX from Citi Hong Kong, where she was most recently the head of securities services.

She has more than 20 years of experience in capital markets and securities and fund services with Citi in Hong Kong and New York.

Tai said: "We are delighted to welcome Cindy Chen to HKEX. 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.”

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