One Financial Markets’ growth continues with new office and regulatory status in Hong Kong

British electronic trading company One Financial Markets has today announced its new Securities and Futures Commission (SFC) regulatory status in Hong Kong, further cementing the company’s footprint in the Asia-Pacific region. Following successful regulatory approval from the SFC, One Financial Markets has been granted permission to establish a new flagship office in Hong Kong, which will […]

London-UK

British electronic trading company One Financial Markets has today announced its new Securities and Futures Commission (SFC) regulatory status in Hong Kong, further cementing the company’s footprint in the Asia-Pacific region. Following successful regulatory approval from the SFC, One Financial Markets has been granted permission to establish a new flagship office in Hong Kong, which will service all clients based in China and the South-East Asia region.

Ashley Clarke, CEO, One Financial Markets commented: “We are especially delighted to receive our authorisation and approvals from one of the most highly respected regulatory bodies, the Securities and Futures Commission of Hong Kong. One of our founding aspirations as a business in January 2007 was to protect the integrity and reputation of our company such that our clients could have the highest confidence in the One Financial brand. We seek to achieve this by ensuring a strong compliance culture is embedded into all our operations and respected by all our staff.”

Brian Tsui, Head of One Financial Markets Asia, added: “The SFC authorisation strongly reflects One Financial Markets’ commitment to providing clients in China and South-East Asia with better access to professional trading solutions as the increasing demand for better products and services in the region continues to grow in parallel with the advance in financial technologies.  Our new Hong Kong office will enable us to respond promptly and professionally with dedicated support and service provided within the Asia-focused time zone.  We are confident that our team will continue to raise the strong profile that One Financial Markets enjoys and will play an important role in our company’s global expansion plans.”

Authorised and regulated by the Financial Conduct Authority (FCA) in the UK and Financial Services Board (FSB) in South Africa, One Financial Markets offers international market access to retail and institutional clients via a comprehensive range of FX and CFD products.

Read this next

Digital Assets

Japan advances digital yen trial as PoC concluded

The Bank of Japan (BOJ) today published the findings of the second phase of its digital yen’s proof-of-concept (PoC) experiment, joining a growing number of countries seeking to catch up to front-runner China.

Digital Assets

Russia scraps proposal for government-backed crypto exchange

Russia has decided to abandon its previous plans of creating a national cryptocurrency exchange and will instead focus on developing regulations that would enable private companies to establish such exchanges.

Uncategorized

CFI Financial onboards Elena Kupriyanova as head of marketing

CFI Financial Group has named Elena Kupriyanova as its new global head of marketing in a bid to bolster its marketing efforts and enhance its market presence.

Retail FX

Trading 212 revenue tops 2021, but bottom line disappoints

Per its filing with the UK companies house, Trading 212 UK said revenue from online trading rose to £98.7 million in the fiscal year ending December 31, 2022, up five percent compared to £94 million a year earlier.

Digital Assets

Binance to cease services for Japanese users after local launch

Binance is poised to reenter the Japanese market through the launch of a fully compliant subsidiary in the country. This development comes a few months after Binance made a fresh bid to return to the lucrative market in November 2022 with the acquisition of Japanese-registered crypto exchange service provider Sakura Exchange BitCoin (SEBC).

Digital Assets

Huobi Hong Kong offers crypto trading for retail clients

Huobi HK, a subsidiary of digital asset exchange Huobi Global, has made an announcement stating that it is now providing crypto spot trading services to both retail and institutional clients in Hong Kong.

Digital Assets

Bybit’s Strategic Leap: Navigating the Cryptocurrency Landscape in Kazakhstan

In a significant leap forward, Bybit, the globally recognized cryptocurrency exchange, has received preliminary approval from the Astana Financial Services Authority (AFSA), marking an important milestone in its strategic expansion into Kazakhstan and the wider Commonwealth of Independent States (CIS) region.

Interviews

Bitcoin 2023: Unlimit’s Jack Jia discusses fiat on/off ramps for crypto business

Unlimit’s expansion into the crypto space aims to bridge the gap between traditional banking networks and the rapidly evolving crypto world, facilitating seamless conversions into various digital wallets and enhancing scalability through off-chain solutions.

Digital Assets

European Systemic Risk Board warns of crypto conglomerates, leverage, DeFi, staking, lending

The report considers policy options to address risks arising from crypto conglomerates, crypto-based leverage, novel operational challenges, DeFi and crypto staking and lending.

<