Aiying Compliance News
Tiger Brokers announced that the Hong Kong Securities Regulatory Commission has upgraded the conditions of its Type 1 license, allowing professional investors to trade virtual assets on the Securities Regulatory Commission's licensed platform through Tiger Brokers, making it one of the earliest Internet brokerages to obtain this license upgrade. In the future, professional investor clients will be able to trade virtual assets on Tiger Brokers' flagship trading platform, Tiger Trade.
Hong Kong residents with investment assets exceeding HK$800 million or corporations with assets exceeding HK$4,000 million will be eligible to trade virtual assets on Tiger Trade in the future.
In the future, the company also plans to open virtual asset trading to retail investors, subject to regulatory requirements.
Zeng Qingfei, Chief Financial Officer of Tiger International, said that the license upgrade is an important step for Tiger Brokers and that he is very pleased to introduce virtual asset trading in the future to further meet customers' trading needs in this important area.