HK’s SFC gives green light to One Axcess
21 February 2012
News, Asia, Global, Hong Kong
Online trading platform One Axcess has been granted regulatory approval from the Hong Kong Securities and Futures Commission (SFC). Under its license, the firm will provide wealth managers with an execution-only platform that has no lock-in periods or minimum investment amounts. The remuneration model will significantly reduce investors' costs, and will provide a consistent and improved revenue stream to the wealth manager.
"We firmly believe that clients' assets belong to them and we should provide the best possible access to it," says Peter Hatz, director of sales and marketing at One Axcess.
Incorporating the latest advancements in technology, and aiming towards being a paperless office with 100% automation, the One Axcess platform is specifically designed with 'Three Pillars of Independence' – its front-end broker, custodian and reporting functions are all independent of each other. The company is not just an electronic trading platform; it provides a secure and seamless investment experience to both the novice and sophisticated investor.
Access to ten securities markets, over 55,000 mutual funds and eight major currencies to rebalance portfolios and transact in, provides wealth managers, independent financial advisors, corporate pension and trust advisors with global reach. While online client statements, single, bulk and limit trading orders with stop-loss functions, ease of execution and confirmations provide 100% transparent reporting.
Reducing investment restrictions and wealth managers' administration costs, while improving efficiency and being dedicated to the belief that investors should be able to closely monitor their assets, all contribute to One Axcess' commitment to empower the investor.
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