Jasper Lo, chairman of King International and a veteran forex trader, says the tight margin trading is a key reason Hong Kong is losing out to other financial centres. Photo: Jonathan Wong

SFC must cut margin limit if Hong Kong is to compete with Singapore as forex hub, say traders

The financial regulator says the 5 per cent FX trading margin, which compares to Singapore’s 2 per cent, is to shield brokers from volatility

Topic |   Foreign exchange market

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Jasper Lo, chairman of King International and a veteran forex trader, says the tight margin trading is a key reason Hong Kong is losing out to other financial centres. Photo: Jonathan Wong
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