Leveraged foreign exchange trading ordinance 1994

regulated under the old Leveraged Foreign Exchange Trading Ordinance, Cap 451 (‘LFETO’) which was enacted in 1994, and the powers of the SFC under section 12 thereof remained exercisable after 1 April 2003 pursuant to the Securities and Futures Ordinance, Cap 571 (the ‘SFO’), Schedule 10, section 64. 21. Houses) Ordinance — enacted in 1994; • Leveraged Foreign Exchange Trading Ordinance — enacted in 1994; and New requirements under the Securities and Futures Ordinancce – a new era for the securities and futures market in Hong Kong • Exchanges and Clearing Houses (Merger) Ordinance — enacted in 2000. The SFO also introduces a number of key

HONG KONG LEGISLATIVE COUNCIL — 5 October 1994 1 OFFICIAL RECORD OF PROCEEDINGS Wednesday, 5 October 1994 The Council met at half-past Two o'clock PRESENT Leveraged Foreign Exchange Trading Ordinance (Amendment of Schedule) Order 1994.. 436/94 Leveraged Foreign Exchange Trading (Accounts and Audit) Ordinance. 4. Constitution of arbitration panel (1) For the purposes of resolving disputes in accordance with these Rules, there is established a panel to be known as the arbitration panel. (Leveraged Foreign Exchange Trading) (Arbitration) Rules. Securities and Futures (Leveraged Foreign Exchange Trading) (Arbitration) Rules Following numerous complaints of fraud and abusive trading practices, the Leveraged Foreign Exchange Trading Ordinance ("LFETO") was enacted to regulate the retail end of leveraged foreign exchange trading in Hong Kong. This came into effect on I September 1994. 1994, leveraged foreign exchange traders and their representatives and from 2000, securities margin financiers and their representatives are also required to be licensed. 1.3 The Securities and Futures Commission Ordinance (“the SFC Ordinance) enacted in 1989 substantially recasted and strengthened the requirements for licence

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data in connection with the Leveraged Foreign Exchange Trading Examination and other relevant matters. You are strongly advised to read these Notes carefully before you sign the Consent at the foot hereof. 1. VTC may transfer or provide the personal data and any examination-related information (e.g. type 3: leveraged foreign exchange trading ‘Leveraged foreign exchange trading’ means: entering into or offering to enter into, or inducing or attempting to induce a person to enter into or to offer to enter into, a leveraged foreign exchange contract; Client funds at SHKFX are kept in a client segregated trust account with Standard Chartered Bank (Hong Kong) Limited. The funds are managed and operated in accordance with the provisions governing Type 3 regulated activity, i.e. leveraged foreign exchange trading, under the Securities and Futures Ordinance. purchase of exchange-traded unlisted options contracts 4-68 31. Exchange-traded unlisted options contracts trading for own account 4-68 32. Amounts receivable under securities borrowing and lending agreements 4-72 33. Amounts receivable under repurchase transactions 4-72 34. Amounts receivable in respect of leveraged foreign exchange trading 4 Cyber Security Awareness. Forex Trading. As one of the oldest licensed leveraged Forex brokers in the local market, Sun Hung Kai Forex Limited* (“SHK Forex”) provides a wide range of services on online international financial markets to connect you to the Foreign Exchange (“FX”) world efficiently.

The foreign exchange market is a global decentralized or over-the-counter (OTC) market for the Dealers or market makers, by contrast, typically act as principals in the transaction versus the retail customer, and quote a A large difference in rates can be highly profitable for the trader, especially if high leverage is used.

13 Dec 2018 All; Ordinance; Subsidiary Legislation; Instrument. Option. Section/Rule No. Part No. Schedule No. Appendix No. Annex No. Important Notices. 1 Jan 2020 Type 3 : leveraged foreign exchange trading; by the Securities and Futures ( Amendment) Ordinance 2014 (6 of 2014) came into operation on  Section 114 of the Securities and Futures Ordinance (Cap.571) (the SFO), sits at the buy/sell a leveraged foreign exchange contract, or induce (ie market) a 

G.N. 1994 SB-2 “LEVERAGED FOREIGN EXCHANGE TRADING— CONDUCT OF UNSOLICITED CALLS” A Guideline issued by the Monetary Authority under section 7(3) of the Banking Ordinance Purpose To set out the HKMA’s approach to supervising AIs’ conduct in relation to the making of

Section 114 of the Securities and Futures Ordinance (Cap.571) (the SFO), sits at the buy/sell a leveraged foreign exchange contract, or induce (ie market) a  22 Jan 2019 The leveraging nature of FX margin trading provides investors with the Regulations regarding FX margin trading date back to 1994, when the  FXTM is a global leader in online financial trading and investing, offering FX, indices, commodities, and more. | FXTM Global. G.N. 1994 SB-2 “LEVERAGED FOREIGN EXCHANGE TRADING— CONDUCT OF UNSOLICITED CALLS” A Guideline issued by the Monetary Authority under section 7(3) of the Banking Ordinance Purpose To set out the HKMA’s approach to supervising AIs’ conduct in relation to the making of Leveraged Foreign Exchange Trading. A Guideline issued by the Monetary Authority. under section 7(3) of the Banking Ordinance (CAP. 155) Introduction. This Guideline supersedes the Guideline issued in July 1995 on the subject of leveraged foreign exchange trading.

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type 3: leveraged foreign exchange trading ‘Leveraged foreign exchange trading’ means: entering into or offering to enter into, or inducing or attempting to induce a person to enter into or to offer to enter into, a leveraged foreign exchange contract;

HONG KONG LEGISLATIVE COUNCIL — 5 October 1994 1 OFFICIAL RECORD OF PROCEEDINGS Wednesday, 5 October 1994 The Council met at half-past Two o'clock PRESENT Leveraged Foreign Exchange Trading Ordinance (Amendment of Schedule) Order 1994.. 436/94 Leveraged Foreign Exchange Trading (Accounts and Audit) Ordinance. 4. Constitution of arbitration panel (1) For the purposes of resolving disputes in accordance with these Rules, there is established a panel to be known as the arbitration panel. (Leveraged Foreign Exchange Trading) (Arbitration) Rules. Securities and Futures (Leveraged Foreign Exchange Trading) (Arbitration) Rules Following numerous complaints of fraud and abusive trading practices, the Leveraged Foreign Exchange Trading Ordinance ("LFETO") was enacted to regulate the retail end of leveraged foreign exchange trading in Hong Kong. This came into effect on I September 1994. 1994, leveraged foreign exchange traders and their representatives and from 2000, securities margin financiers and their representatives are also required to be licensed. 1.3 The Securities and Futures Commission Ordinance (“the SFC Ordinance) enacted in 1989 substantially recasted and strengthened the requirements for licence Exemption under paragraph (xiii) of the definition of “leveraged foreign. exchange trading” in Part 2 of Schedule 5 to the Ordinance. For the purposes of the Ordinance, other than section 174(1) of the Ordinance, “foreign exchange trading” ( 外匯交易 ) and “leveraged foreign exchange trading” ( 槓. leveraged foreign exchange trading, including the making of unsolicited calls in connection with leveraged foreign exchange trading as well as the appraisal of customers in this regard . Classification A statutory guideline issued by the MA under the Banking Ordinance, §7(3) Previous guidelines superseded The Stock Exchange of Hong Kong Limited or Hong Kong Futures Exchange Limited or trade in leveraged foreign exchange contracts. These are derived primarily from former rules of the Exchanges and the repealed Leveraged Foreign Exchange Trading Ordinance. Licensed or registered persons are expected under paragraph 12.1 of the Code to comply with the