Australian exchange operator ASX is opening a Hong Kong office in order to get closer to its growing customer base in the region.
The firm said its new office, which will open on 1 October, will be headed up by its Asia business development manager, James Keeley.
Opening the new office will coincide with the establishment of a direct connection hub for ASX in Hong Kong as the exchange seeks to deepen its links with market participants in the territory and China itself.
Peter Hiom, deputy CEO of ASX, said: “Asia is the world’s fastest growing economic region and the source of increasing ASX customer flows. The establishment of an office in Hong Kong, coupled with an expansion of our global hub network, reflects ASX’s commitment to Asia.
“Being closer to our customers in the region allows ASX to deliver a more timely, informed and competitive service. We now have points of presence in every region with strong financial markets communities, enabling ASX customers in the world’s major financial centres to access ASX’s products and services.”