2025-05-28
Added · Updated
The Hong Kong Monetary Authority issued this circular to provide guidance on market risk management for algorithmic trading and foreign exchange activities. It applies to all authorized institutions and requires them to implement robust controls and governance frameworks for these specific risk areas. The document cross-references the FX Global Code and Competence and Ethical Behaviour standards to ensure alignment with broader regulatory expectations.
CIR
Current
Issue Date:
28 May 2025
20250528-1-EN.pdf (187.3 KB)
Topic:
Market Risk Management - Algorithmic trading
Market Risk Management - Foreign exchange
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
SPM-NGL
Current
23 May 2024
CG-6 Competence and Ethical Behaviour
CIR
Current
17 Dec 2021
Global Code of Conduct Standards and Practices for the Wholesale Foreign Exchange Market (the “FX Global Code”)
Directly related Document
SPM-NGL
Current
23 May 2024
CG-6 Competence and Ethical Behaviour
CIR
Current
17 Dec 2021
Global Code of Conduct Standards and Practices for the Wholesale Foreign Exchange Market (the “FX Global Code”)
Version History
Superseded Document
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