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Screenshot of a breaking news alert e-mail from Q2 2017
International forex and CFDs brokerage Blackwell Global announced today the acquisition of 2 new licences issued by the Security and Futures Commission (SFC; Securities Licence No. BGX296 and Futures Licence No. BGX460.) in Hong Kong, permitting the brokerage to offer securities and futures contracts to both Hong Kong and international investors.
Following the licence approvals, investors can access both local and international contracts across multiple asset classes. This new addition will expand the portfolio of the Blackwell Global brand internationally, and see the company gain a larger stake in the Hong Kong financial market, with the Hong Kong Securities and Futures Markets being one of the most traded markets in the world.
We have attained the SFC licences during exciting financial times for the Hong Kong investment scene.” said director Michael Wu, when asked about the significance of this event.
Due to the Shenzhen-Hong Kong Stock-Connect launched early this month, Blackwell Global is also able to offer investors access to the world’s eighth-largest stock market – the Shenzhen Stock Exchange, with its capitalisation of $3.29 trillion, as listed by the World Federation of Exchanges. This is in addition to the Shanghai-Hong Kong connect scheme launched two years ago.