Victory Securities may open retail virtual asset trading in the fourth quarter of 2023

ChainCatcher news, according to a report by the Hong Kong Economic Journal, Victory Securities Executive Director Chan Pui Kwan stated that the Hong Kong Securities and Futures Commission is expected to announce guidelines for brokers to allow retail investors to trade virtual assets in the near future. Based on the anticipated timeline, Victory Securities may open retail virtual asset trading in the fourth quarter of 2023.

Chan Pui Kwan mentioned that Victory Securities has currently connected with the licensed exchange OSL, and the cryptocurrencies available for trading by clients through Victory Securities will depend on the coins listed by the exchange. Currently, about 5% of its professional investor clients are investing in virtual assets, including Hong Kong listed companies.