Press release
Interactive Brokers Expands Cryptocurrency Trading to Retail Investors in Hong Kong
Single Platform Available for Trading Cryptocurrency Plus Other Asset Classes GREENWICH, Conn.--(BUSINESS WIRE)-- Interactive Brokers (Nasdaq: IBKR), an
About this update from Interactive Brokers Group, Inc.
[{"type":"text","content":"\nSingle Platform Available for Trading Cryptocurrency Plus Other Asset Classes\n\n\n GREENWICH, Conn.--(BUSINESS WIRE)--\nInteractive Brokers (Nasdaq: IBKR), an automated global electronic broker, is now the first SFC-licensed securities broker to be approved to allow retail clients to trade cryptocurrencies in Hong Kong.\n\n\nCryptocurrency trading for eligible clients of Interactive Brokers Hong Kong allows investors to transact and manage their portfolio through a single platform that provides a unified view. Clients benefit from the convenience of centralized cash management and can trade cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), along with stocks, options, futures, currencies, bonds, mutual funds, ETFs, event contracts, cryptocurrency futures, and futures options all from a single account and interface.\n\n\n“As demand for cryptocurrency exposure as a means of diversification continues to rise, we are pleased to offer investors in Hong Kong a straightforward and cost-effective way to allocate a portion of their portfolio to digital assets,” said David Friedland, Head of APAC for Interactive Brokers. “Our single unified platform lets clients worldwide easily invest across a broad range of global products, and the retail investor community in Hong Kong will benefit from the ability to access digital currency markets without opening and maintaining different accounts at multiple brokers and exchanges.”\n\n\nCryptocurrency trading through Interactive Brokers Hong Kong is powered by OSL Digital Securities and has low commissions of just 0.20% - 0.30% of trade value, depending on monthly volume, with a USD 2.25 minimum per order and no added spreads or markups.\n\n\nInteractive Brokers launched cryptocurrency trading in Hong Kong in collaboration with OSL Digital Securities, Hong Kong's first SFC-licensed digital asset trading platform. Interactive Brokers previously introduced cryptocurrency trading for eligible Professional Investor clients of Interactive Brokers Hong Kong on February 14, 2023.\n\n\nFor more information, visit: https://www.interactivebrokers.com.hk/en/trading/products-cryptocurrencies-hk.php\n\n\nAbout Interactive Brokers Group, Inc.:\n\n\nInteractive Brokers Group affiliates provide automated trade execution and custody of securities, commodities, and foreign exchange around the clock on o...