Hong Kong Stock Exchange: Virtual asset spot trading exchange-traded funds can be margin financed

2024-04-24 10:56:16
Collection

ChainCatcher news, Hong Kong Exchanges and Clearing Limited (HKEX) issued a notice regarding the "Launch of Virtual Asset Spot Exchange-Traded Funds," stating that, similar to other exchange-traded products and stocks, virtual asset spot exchange-traded funds can be margin financed, depending on the risk management policies of individual exchange participants.

However, given the high volatility of virtual asset spot exchange-traded funds, exchange participants should exercise particular caution when providing margin financing for clients to trade such products, and exchange participants should comply with the Securities and Futures Commission's guidelines on securities margin financing activities.

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
banner
ChainCatcher Building the Web3 world with innovators