coin-img-XAUTXAUT+0.28%coin-img-HYPEHYPE-2.47%coin-img-PAXGPAXG+0.28%coin-img-WLFIWLFI-6.59%coin-img-ASTERASTER-0.60%coin-img-ONDOONDO-1.87%coin-img-ZAMAZAMA-28.40%coin-img-POKEEPOKEE+729.90%coin-img-XAUTXAUT+0.28%coin-img-HYPEHYPE-2.47%coin-img-PAXGPAXG+0.28%coin-img-WLFIWLFI-6.59%coin-img-ASTERASTER-0.60%coin-img-ONDOONDO-1.87%coin-img-ZAMAZAMA-28.40%coin-img-POKEEPOKEE+729.90%coin-img-XAUTXAUT+0.28%coin-img-HYPEHYPE-2.47%coin-img-PAXGPAXG+0.28%coin-img-WLFIWLFI-6.59%coin-img-ASTERASTER-0.60%coin-img-ONDOONDO-1.87%coin-img-ZAMAZAMA-28.40%coin-img-POKEEPOKEE+729.90%coin-img-XAUTXAUT+0.28%coin-img-HYPEHYPE-2.47%coin-img-PAXGPAXG+0.28%coin-img-WLFIWLFI-6.59%coin-img-ASTERASTER-0.60%coin-img-ONDOONDO-1.87%coin-img-ZAMAZAMA-28.40%coin-img-POKEEPOKEE+729.90%

Hong Kong SFC to Issue Perpetual Contract Framework, Initially Limited to Institutions

Hong Kong's Securities and Futures Commission will issue a high-level framework for licensed platforms to offer perpetual contracts, Leung Fung Yee said at the Consensus Hong Kong conference on Feb. 11. Access will initially be limited to institutional investors, with the framework focused on risk management. The SFC will allow broker financing with collateral in securities and virtual assets, initially only Bitcoin and Ethereum, and require independent market-making units and conflict-of-interest controls, Leung said, adding the measures continue the CSRC's 2025 roadmap.
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