Participants in the exchange can deal in securities products such as equity securities, equity warrants, exchange-traded products, derivative warrants, and other contracts.

Saxo Capital Markets HK, part of Saxo Bank, yesterday announced that it has become a participant in the Stock Exchange of Hong Kong.

Participants can deal in securities' products such as equity securities, equity warrants, exchange-traded products, derivative warrants, and other contracts.

Under the move, Saxo said it will “accelerate its growth ambitions, broaden the suite of securities products, and expand its distribution and capabilities.” 

To boost operational efficiency and fulfil general clearing obligations, Saxo has appointed HSBC as its third-party clearing provider, Saxo said.

“By joining forces with the HKEX, we can offer our clients even more efficient trade execution and a broader suite of products,” Richard Douglas, CEO of Saxo Hong Kong, said. 

The Stock Exchange of Hong Kong is the wholly owned subsidiary of Hong Kong Exchanges and Clearing Limited.

Saxo Capital Markets HK Limited is a licensed subsidiary of Saxo Bank.