First Hong Kong Securities Firm Quam To Launch Crypto Trading

Key Points:

• Quam Securities becomes the first HK securities firm to launch crypto trading.
• First virtual asset transaction on HashKey PRO completed through Hong Kong Quam Securities APP.

Today, Quam Securities announced that it has become the first Hong Kong securities firm to launch crypto trading. User completed the first virtual asset transaction on HashKey PRO through Hong Kong Quam Securities APP.

Longbridge Whale, a BSS vendor, announced the launch of a one-stop virtual asset trading system service for securities companies during their recent “Far Beyond” 2023 new product launch conference. This marks the first one-stop virtual asset trading solution available to brokerages in Hong Kong.

The service offers market data, community information, trading, clearing and settlement, and more. It includes two solutions, App and Counter, which provide securities companies with uninterrupted trading, fast T+0 deposits and withdrawals, and real-time market support for 50 order prices.

The launch conference also introduced PortAI, an AI investment knowledge service platform that aims to help traditional securities firms achieve leapfrog development from information services to knowledge services. PortAI has the ability to conduct dialogue and question answering, the ability to summarize long text in one click, the ability to intelligently review position daily, and the ability to interact with the community in real-time.

The platform focuses on the field of financial investment and is designed to improve customer retention and growth for brokerages, while also providing investors with a professional analyst-like experience for better investment knowledge consumption.

Longbridge Whale, Quam Securities, and HashKey jointly announced a tripartite strategic cooperation to build a virtual asset trading ecosystem and propose new industry standards. Quam Securities became the first Hong Kong securities company to launch virtual asset transactions in the Whale ecology, and completed the first virtual asset transaction on HashKey through the Whale ecology. This marks a significant milestone for virtual assets and Hong Kong’s securities industry and signals their integration and development.

Longbridge Whale’s new products and services have been recognized by many brokerage clients, with over 62 brokerage clients in Hong Kong using their one-stop digital securities trading solution based on the new generation technology platform. Longbridge Whale hopes to bring innovative ideas and products to the financial industry and continue to create value for customers with leading financial technology practices.

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