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NASDAQ-Listed Interactive Brokers To Offer Crypto Trading in Hong Kong

Interactive Brokers, a global brokerage firm with headquarters in the United States, announced 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 ($1 million) in investable assets, or institutions with HK$40 million ($6 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 and to trade stocks, options, futures, bonds, event contracts, mutual funds, and ETFs from a single screen in addition to Bitcoin (BTC) and Ether (ETH).

(By PRASHANT JHA)

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