Single Platform Available for Trading Cryptocurrency Plus Other Asset ClassesGREENWICH, Conn.–(BUSINESS WIRE)–Interactive 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. Cryptocurrency 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. “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.” Cryptocurrency 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. Interactive 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. For more information, visit: https://www.interactivebrokers.com.hk/en/trading/products-cryptocurrencies-hk.php About Interactive Brokers Group, Inc.: Interactive Brokers Group affiliates provide automated trade execution and custody of securities, commodities, and foreign exchange around the clock on over 150 markets in numerous countries and currencies, from a single unified platform to clients worldwide. We serve individual investors, hedge funds, proprietary trading groups, financial advisors and introducing brokers. Our four decades of focus on technology and automation has enabled us to equip our clients with a uniquely sophisticated platform to manage their investment portfolios. We strive to provide our clients with advantageous execution prices and trading, risk and portfolio management tools, research facilities and investment products, all at low or no cost, positioning them to achieve superior returns on investments. For the sixth consecutive year, Barron’s ranked Interactive Brokers #1 with 5 out of 5 stars in its June 9, 2023, Best Online Brokers Review. Contacts Contacts for Interactive Brokers Group, Inc. Media: Katherine Ewert, email@example.com Source link The content is by Business Wire. Headlines of Today Media is not responsible for the content provided or any links related to this content. Headlines of Today Media is not responsible for the correctness, topicality or the quality of the content.