Victory Securities Targets Retail Investors’ Access

Chen Peiquan, the company’s executive director, said they expect the Hong Kong Securities Regulatory Commission to issue guidelines for securities firms to expand retail investors’ trading access to virtual assets during the current quarter.

Hong Kong’s Securities Regulatory Commission provided this information.

It is conceivable that retail investors could begin trading virtual assets as early as the fourth quarter of this year, contingent on permissions from the relevant regulatory bodies.

Currently, only professional investors can utilize the “VICSEC” virtual asset trading application that Victory Securities provides.

This platform satisfies the needs of accredited investors by enabling clients to invest in Bitcoin and Ethereum using US dollars.

Chen Peiquan disclosed that Victory Securities had established successful communication with the authorized exchange, OSL.

Customers can now trade multiple currencies based on the listings provided by the exchange as a result of this agreement.

In addition, Victory Securities is developing a plan to integrate traditional financial and virtual asset investments into a single software platform.

As a result of this strategy, clients will have access to a straightforward and streamlined method for managing investment portfolios containing both traditional and virtual assets.

Approximately 5% of Victory Securities’ professional investor clientele is engaged in virtual asset investments.

This may include investments in Hong Kong-listed companies.

Expanding its access to retail investors, the company aims to satisfy the rising demand for diversified investment options within the rapidly developing digital ecosystem.