Interactive Brokers, a global electronic broker with a valuation of about $340 billion, has announced the launch of cryptocurrency trading in Hong Kong. 

The new product allows professional investor clients of Interactive Brokers Hong Kong to trade Bitcoin (BTC) and Ethereum (ETH) alongside other asset classes available through a unified client experience, the broker said in a press release on February 13. 

Eligible clients must have HKD 8 million ($1 million) in investable assets or institutions with over HKD 40 million ($5 million) residing in Hong Kong. Investors will be exposed to commissions of 0.20% – 0.30% of trade value, depending on monthly volume, with a $2.25 minimum per order, with no added spreads or markups.