Interactive Brokers has grow to be the primary SFC-licensed securities dealer to obtain approval to permit retail purchasers to commerce cryptocurrencies in Hong Kong.
Eligible purchasers of Interactive Brokers Hong Kong buying and selling cryptocurrencies will now have the ability to transact and handle their portfolio via a single platform with a unified view.
The event may also enable purchasers to learn from centralised money administration with the flexibility to commerce cryptocurrencies resembling Bitcoin and Ethereum alongside shares, choices, futures, currencies, bonds, mutual funds, ETFs, occasion contracts, cryptocurrency futures and futures choices – all from a single account and interface.
“As demand for cryptocurrency publicity as a method of diversification continues to rise, we’re happy to supply buyers in Hong Kong a simple and cost-effective solution to allocate a portion of their portfolio to digital belongings,” mentioned David Friedland, head of APAC at Interactive Brokers.
“Our single unified platform lets purchasers worldwide simply make investments throughout a broad vary of worldwide merchandise, and the retail investor neighborhood in Hong Kong will profit from the flexibility to entry digital foreign money markets with out opening and sustaining totally different accounts at a number of brokers and exchanges.”
Interactive Brokers launched cryptocurrency buying and selling in Hong Kong with the primary SFC-licensed digital asset buying and selling platform in Hong Kong, OSL Digital Securities.
Cryptocurrency buying and selling for eligible skilled investor purchasers of Interactive Brokers Hong Kong was launched on 14 February.
