NASDAQ-listed Interactive Brokers to offer crypto trading in Hong Kong

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Interactive Brokers has become the latest financial player to enter the Hong Kong crypto market in association with an SFC-approved firm.

the launch of its crypto trading services for institutional clients in Hong Kong on Feb. 14. The crypto trading services were launched in association with OSL Digital Securities, a Securities and Futures Commission-licensed digital asset brokerage and trading platform for professional investors.

Individuals with more than 8 million Hong Kong dollars in investable assets, or institutions with HK$40 million , who are Hong Kong residents, can now trade cryptocurrency alongside other asset classes available on the Interactive Brokers platform. Investors previously had to use a variety of trading platforms from various brokers and exchanges in order to trade cryptocurrencies and other asset classes. However, investors can trade cryptocurrency and view balances through a single platform that offers a unified view by using the Interactive Broker platform.

Clients of Interactive Brokers use centralized cash management to trade stocks, options, futures, bonds, event contracts, mutual funds and exchange-traded funds from a single screen in addition to Bitcoin (

 

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The launch of crypto trading services occurs at a critical juncture in Hong Kong’s regulated digital asset market development. The financial secretary for HK, stated in Jan that the government is open to working with crypto and fintech businesses in 2023

Love the graphics..like living in a fiction world....eases my pain. Now I know the attraction.

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