LTP has obtained 5 key licenses from the Hong Kong Securities and Futures Fee, positioning itself as a regulated chief within the trade.
The licenses, granted to its Hong Kong subsidiary LiquidityTech Restricted, cowl a broad vary of regulated actions.
With these approvals, LTP HK turns into the primary digital asset-focused prime brokerage licensed throughout a number of regulated actions. The licenses enable the agency to serve institutional shoppers, together with proprietary buying and selling companies, hedge funds, asset managers, and company buyers.
“Regulatory compliance is a basic pillar of our institutional prime brokerage companies,” mentioned Jack Yang, founder and CEO of LTP. “Being the primary digital asset-focused prime brokerage to safe a complete suite of SFC licenses underscores our dedication to offering safe, high-performance buying and selling infrastructure.”
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Various kinds of licenses
These embrace the Kind 1 license for dealing in securities, which permits the agency to facilitate the shopping for and promoting of monetary devices on behalf of its shoppers.
Moreover, LTP HK has secured the Kind 2 license for dealing in futures contracts. This authorization permits the agency to interact in transactions involving agreements to purchase or promote property at predetermined future dates, offering shoppers with alternatives for danger administration and speculative methods.
The Kind 4 license, which pertains to advising on securities, permits LTP HK to supply tailor-made funding recommendation to shoppers looking for to optimize their portfolios. Coupled with the Kind 5 license for advising on futures contracts, the agency can now ship complete steering throughout each conventional and digital asset lessons.
Lastly, the agency has obtained the Kind 9 license for asset administration. This license empowers LTP HK to handle funding portfolios on behalf of shoppers, with a deal with reaching specified monetary aims by way of strategic allocation of sources.
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