Interactive Brokers, an automated global electronic broker, has is now offering Bitcoin (BTC) and Ethereum (ETH) cryptocurrency trading in Hong Kong.
Eligible clients including individuals with over HKD 8 million in investable assets or institutions with assets greater than HKD 40 million who are residents of Hong Kong, can now trade cryptocurrency alongside other asset classes available on the platform.
The crypto trading services offered by Interactive Brokers Hong Kong is powered by OSL Digital Securities.
OSL Digital Securities is a Type 1 and 7 Securities and Futures Commission (SFC)-licensed digital asset brokerage and trading platform for professional investors.
“Investor demand for digital assets continues to grow in Hong Kong and around the world, and we are pleased to introduce cryptocurrency to address the trading objectives of clients in this important market.
Eligible clients will benefit from our low costs and the ability to trade crypto alongside many other global products from a single unified platform.”
said David Friedland, Head of APAC at Interactive Brokers.
“We are excited to bring our expertise in the digital asset space to the market through these initiatives.
The launch of regulated digital asset trading services marks the inception of a transformative process in the digital asset market.”
said Hugh Madden, CEO at BC Group and OSL.