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RETAIL INVESTMENT | Cesar Tordesillas, Hong Kong
Published: 10 Nov 10
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HSBC launches online retail bond trading platform
Bruno Lee, HSBC’s Regional Head of Wealth Management Asia Pacific

HSBC launches online retail bond trading platform

Hong Kong now has an online retail bond trading platform enabling investors to execute real-time trades bonds and certificates of deposit.

 Accessible via HSBC Personal Internet Banking, HSBC’s Online Retail Bond Trading Platform also provides extensive bond market information, which helps customers capture bond market opportunities based on transparent buy/sell pricing without any extra handling and safe custody fee.

It offers a wide range of investment grade bonds and CDs with up to seven currencies for selection. While offering short-tenor corporate bonds and government bonds, the service also matches retail customers’ needs by including reputable issuers and a subscription amount as low as HK$50,000 or US$6450.

 “In recent years, we have seen increasing demand for bonds from local retail investors. Customers have been interested in HKD and USD bonds, which can help them earn better yield than normal deposits and minimise the risk exposure to currency fluctuation. There has also been keen interest in and strong demand for RMB bonds,” said Bruno Lee, HSBC’s Regional Head of Wealth Management Asia Pacific.

Justin Chan, Deputy Head of Global Markets Asia Pacific, said: “This allows investors to access a wide range of different credit names, further enhances development of the local bond market and reinforces Hong Kong’s position as an international fund-raising centre.”

HSBC’s Online Retail Bond Trading service supports instant order execution during transaction hours. Customers can receive SMS alerts on order confirmation or check the related order status online immediately, which significantly reduce the waiting time to confirm an order and ensure customers can respond to market movements in a timely manner. The service also offers comprehensive bond market information and an intelligent search tool to help customers make informed investment decisions.

 

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