The LTP has obtained five major licenses from the Hong Kong Securities and Futures Commission, who keeps himself in position as a regulated leader in the industry.
LicenseThe Hong Kong, a subsidiary of its Hong Kong, is given to Liquidiati Limited, covers a wide range of regulated activities.
With these approval, LTP HK becomes the first virtual asset-centric prime brokerage licensed in several regulated activities. The license allows the firm to serve institutional customers, including ownership trading firm, hedge funds, asset manager and corporate investors.
LTP founder and CEO Jack Yang said, “Regulatory compliance is a fundamental pillar of our institutional major brokerage services.” “The first virtual asset-centric prime brokerage to secure a comprehensive suit of SFC licenses underlines our commitment to provide high-demonstration trading infrastructure as safe, high-demonstration trading infrastructure.”
Different types of licenses
These include Type 1 license to deal with securities, allowing the firm to facilitate the purchase and sale of financial equipment from its customers.
Additionally, LTP HK has obtained a type 2 license to deal with futures contracts. This authority enables the firm to engage in transactions associated with agreements to buy or sell property at predetermined future dates, giving customers opportunities for risk management and speculative strategies.
Type 4 licenses, which belongs to recommendations on securities, allow LTP HK to give customers sewned to customize their portfolio. To advise on futures contracts, coupled with type 5 licenses, the firm can now give widespread guidance in both traditional and virtual asset classes.
Finally, the firm has obtained a type 9 license for asset management. The license empowers LTP HK to manage the investment portfolio on behalf of customers, focusing on achieving financial objectives specified through strategic allocation of resources.
