Interactive Brokers Introduces Crypto Trading for Professional Investors in Hong Kong

Interactive Brokers, a US-based automated global electronic broker, announced yesterday the launch of crypto trading services in Hong Kong, allowing Professional Investor clients of Interactive Brokers Hong Kong to trade Bitcoin (BTC) and Ethereum (ETH) in their IBHK account.

The introduction was in partnership with OSL Digital Securities, the world's first Type 1 and 7 Securities and Futures Commission (SFC)-licensed digital asset brokerage and trading platform for professional investors. Besides, it offers low commissions of just 0.20% - 0.30% of trade value, with no added spreads or markups.

Eligible clients include individuals with over HKD 8 million in investable assets or institutions with assets greater than HKD 40 million who are residents of Hong Kong. They can benefit from the convenience of centralized cash management and can invest in Bitcoin and Ethereum plus stocks, options, futures, bonds, event contracts, mutual funds, and ETFs from a single unified platform.

"Investor demand for digital assets continues to grow in Hong Kong and around the world, and we are pleased to introduce cryptocurrency to address the trading objectives of clients in this important market," said David Friedland, Head of APAC at Interactive Brokers. "Eligible clients will benefit from our low costs and the ability to trade crypto alongside many other global products from a single unified platform."

The latest offering comes after Interactive Brokers' introduction of the Stock Yield Enhancement Program (SYEP) Derivatives for investors in Australia​, offering its clients a new way to earn extra income from their stock portfolios without sacrificing control or transparency.