TechFlow, June 8 — Hong Kong's Financial Secretary Hui Cheung-yu previously stated in response to a legislative inquiry that the Securities and Futures Commission (SFC) is considering introducing virtual asset derivatives trading for professional investors, and will establish robust risk management measures.
According to analysts cited by China Times, based on international experience, during the initial phase of policy implementation, Hong Kong's derivatives market is expected to pilot perpetual contracts on major virtual assets such as Bitcoin and Ethereum. Internationally, institutions including the Singapore Exchange (SGX), Coinbase and the U.S. Commodity Futures Trading Commission (CFTC), as well as the European MiFiDII regulatory framework, have all prioritized perpetual contracts as a key direction for virtual asset derivatives.
