On 23 June 2026,The SFC released consultation conclusions on rolling out an investor identification regime (HKIDR‑DM) for Hong Kong’s exchange-traded derivatives, building on the existing securities-market ID system launched in March 2023. All nine consultation respondents backed the plan, which aligns with global standards, boosts market surveillance and safeguards investors. The regime, covering futures, options and stock orders traded via HKFE, will mirror the securities framework, requiring brokers and proprietary trading firms to submit clients’ identity details to a central database. Targeted for Q2 2028 alongside HKEX’s Orion Derivatives Platform launch after system tests, it aims to uphold market integrity and Hong Kong’s standing as a reliable international financial hub. The SFC has launched a dedicated webpage and will issue further guidance and FAQs to support industry preparation and investor education.
Source: https://apps.sfc.hk/edistributionWeb/gateway/EN/news-and-announcements/news/doc?refNo=26PR97
Related Circular: http://apps.sfc.hk/edistributionWeb/gateway/EN/consultation/conclusion?refNo=25CP9