HKLII Hong Kong Regulations

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LEVERAGED FOREIGN EXCHANGE TRADING (FINANCIAL RESOURCES) RULES - SECT 8

Position limit for licensed leveraged foreign exchange trader other than a leveraged foreign exchange introducing agent

Caution: This is a past version. See the current version here.

The aggregate gross position for all foreign currencies of a licensed
leveraged foreign exchange trader other than a leveraged foreign exchange
introducing agent, excluding positions with a recognized counterparty, shall
not exceed 60 times its liquid capital at all times. (Enacted 1994)



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