2025-05-28

Added · Updated

Market Risk Management - Algorithmic trading and Foreign exchange

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.

Hong Kong Monetary Authority logo

Hong Kong

Hong Kong Monetary Authority

Click to view thumbnail

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Superseded Document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Superseded Document

You may also be interested in

SPM-NGL

Current

18 Jan 2022

TA-2 Foreign Exchange Risk Management

SPM-NGL

Archive

17 Sep 2004

TA-2 Foreign Exchange Risk Management

SPM-NGL

Archive

14 Jan 2009

TA-2 Foreign Exchange Risk Management