Hong Kong OTC Trading Desk – Compliant Development
Launch a otc trading desk in Hong Kong with compliance controls mapped to SFC and SFC VATP. Block Intelligence builds production software; independent counsel handles licensing.
Compliance scope
Hong Kong · OTC Trading Desk
Hong Kong requires SFC licensing for virtual asset trading platforms serving retail and institutional clients.
| Jurisdiction | Hong Kong |
|---|---|
| Regulator | SFC |
| Product | OTC Trading Desk |
Software
Built-in compliance controls
- RFQ, quote, and block-trade workflows with approval chains
- Counterparty KYC and credit/limit management
- Settlement tracking and nostro/vostro reconciliation
- Trade blotter exports for compliance and finance
- Integration with liquidity providers and custodians
- Integrate KYC/AML verification for all trades.
- Implement transaction tracking and reporting systems.
- Establish secure communication channels for client interactions.
Block Intelligence provides technology development and compliance-oriented software architecture. We are not a law firm. Licensing and regulatory advice is provided by independent legal partners in each jurisdiction. Information is current as of 2026-03-01 and subject to change.
FAQ
Frequently asked questions
- What is an OTC trading desk?
- An OTC trading desk facilitates the buying and selling of cryptocurrencies directly between parties, bypassing exchanges.
- What compliance requirements apply to OTC trading desks?
- OTC trading desks must implement KYC/AML measures, transaction tracking, and reporting to comply with SFC regulations.
- Can OTC trading desks operate without a license in Hong Kong?
- No, OTC trading desks must obtain an SFC VATP license to operate legally.