Blackwell Global Secures Two Licenses from Hong Kong SFC

Blackwell Global, an FCA-regulated Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term and CFDs brokerage, has further extended its global product reach. The company has secured two additional regulatory licenses from the Hong Kong Securities and Futures Commission (SFC), according to a corporate statement.

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The company has successfully acquired Type 1 and Type 2 regulatory licenses from the Hong Kong Securities and Futures Commission (SFC). Currently, there are 10 types of regulated activities under the Securities and Futures Ordinance (SFO) law in Hong Kong.

With the addition of these licenses permitting Blackwell to deal in both securities and futures contracts, the firm will expand its business to include a full-service brokerage for private and institutional clients. Global investors can now access both local and international contracts across multiple asset classes – global stocks, options, and futures, while traders in Hong Kong will benefit from a full suite of FX, futures and securities products through Blackwell’s offering.

The Securities and Futures Commission (SFC) is responsible for regulating the securities and futures markets in Hong Kong, including the licensing of intermediaries seeking to conduct regulated activities, such as brokers, investment advisers and fund managers, as well as authorizing investment products.

Michael Wu, Director of Blackwell Global, commented: "We have attained the SFC licences during exciting financial times for the Hong Kong investment scene. Due to the Shenzhen-Hong Kong Stock-Connect launched early this month, Blackwell Global is also able to offer investors access to the world’s eighth-largest stock market – the Shenzhen Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term, with its capitalisation of $3.29 trillion, as listed by the World Federation of Exchanges. This is in addition to the Shanghai-Hong Kong connect scheme launched two years ago.”