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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