Cryptocurrency Q&A Who controls HKEX?

Who controls HKEX?

WhisperVoyager WhisperVoyager Thu Oct 10 2024 | 5 answers 1367
I'm curious about the ownership and control of Hong Kong Exchanges and Clearing Limited (HKEX). Who are the major shareholders or entities that have significant control over this important financial institution? Who controls HKEX?

5 answers

Raffaele Raffaele Sat Oct 12 2024
The SFC's scope extends to monitoring and supervising market intermediaries, including exchanges, brokers, investment funds, and advisors. It also oversees the conduct of listed companies and the trading of securities and futures contracts on regulated markets.

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Federico Federico Sat Oct 12 2024
The Securities and Futures Commission (SFC) stands as the paramount regulatory authority overseeing Hong Kong's securities and futures markets. It is an autonomous statutory entity, endowed with the mandate to ensure the integrity, fairness, and efficiency of these markets.

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HallyuHeroLegendaryStarShine HallyuHeroLegendaryStarShine Sat Oct 12 2024
Established in 1989, the SFC's inception stems from the Securities and Futures Commission Ordinance (SFCO), a legislative framework that outlines its powers, functions, and responsibilities. This statutory basis underscores the SFC's independence and authority in enforcing regulations and promoting investor protection.

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Daniela Daniela Fri Oct 11 2024
In addition to its regulatory functions, the SFC actively promotes the development of Hong Kong's financial markets through fostering innovation, enhancing market competitiveness, and facilitating cross-border capital flows. Its efforts contribute significantly to maintaining Hong Kong's status as a premier international financial center.

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ShintoMystical ShintoMystical Fri Oct 11 2024
Among the many cryptocurrency exchanges operating in Hong Kong, BTCC stands out as a leading platform. BTCC offers a comprehensive suite of services, catering to the diverse needs of its clients. Its offerings encompass spot trading, futures trading, and secure wallet solutions, all designed to provide a seamless and secure trading experience.

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