Thursday, February 10, 2011

Forex Brokers in Hong kong


Hong Kong forex brokersThe Securities and Futures Commission (SFC) is an independent non-governmental statutory body outside the civil service, responsible for regulating the securities and futures markets in Hong Kong. We are responsible for enforce the laws governing the securities and futures markets in Hong Kong and facilitating and encouraging the development of these markets and keep investor’s trusting to the financial market.

They have many department to make this goal real, some of the department are:
Licensing Department
To act as a gatekeeper of the industry by licensing financial intermediaries, therefore they make strict standard to ensure the investors that they have integrity and high standard for financial intermediaries to get their trusting.
Supervision of Markets Division
To regulate and promote the development of Hong Kong’s financial infrastructure. One of the important part for Hong Kong financial infrastructure is The stock and future exchange. Therefore they make trading standard and policies for Hong Kong forex brokers, and staturory compensation fund.
Enforcement Division
To Enforcement of laws, rules, codes and guidelines
To ensure that law, code and guidelines are made are enforce appropriately , even for investor, Hong Kong forex brokers or foreign brokers and other company that related with this law.
Investor Education & Communications Department
To educate investors on how to protect their interests, manage their investments and risks, and enforce their rights.

At the trading world , with online trading we cannot  be sure that  there are no failures in the market. He market move bear and bulls and it is make a chance to get profit and lose. And there are always have risk whatever you chose when you are trading. Those are the functions of market forces, and it is for the investor to understand and assess the risks. The regulator’s job is to ensure a fair and transparent market, accurate and timely disclosure of relevant information, and to minimize market crime and misconduct.

SFC Website : http://www.sfc.hk

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