Hantec Markets (Australia) Pty Ltd ACN 129 943 086
Address: Level 18, 2 Park Street Sydney NSW 2000 Australia
Website: www.hantecmarkets.com
Phone: +612 8017 8099
Australian Financial Services Licence Number: 326907
Preparation date: 5 December 2020
Version: 1.6
You deal with Hantec Markets (Australia) Pty Ltd (HMA, we, us) as counterparty to every transaction you enter into. So, you will have an exposure to us in relation to each transaction if we are not ready, willing or able to meet our obligations (for example, if HMA were to become insolvent).
You are reliant on our ability to meet our counterparty obligations to you to settle the relevant contracts. We limit this exposure by hedging our exposure to our clients by entering into transactions as principal in the wholesale market with entities called “liquidity providers”. This exposes HMA to counterparty risk with that hedging party.
Our policy to manage our exposure to market risk from client positions is to offset (hedge) some client trades with external liquidity providers on a back-to-back basis. That means if you place a trade with us, we may place an identical trade with the liquidity provider. Whilst this limits risk to HMA, it does not eliminate the risk. We choose liquidity providers based on their ability to provide liquidity in the underlying market as well as the strength of their balance sheet.
Prior to engagement, and on an ongoing basis, we ensure the hedging counterparties:
HMA’s current counterparties are:
Counterparties Name | Location | License situation |
---|---|---|
Haitong International Financial Services (Singapore) Pte. Ltd. |
Singapore |
Regulated by Monetary Authority of Singapore (MAS) No: 1279220D |
StoneX Financial Ltd |
United Kingdom |
Regulated by the UK Financial Conduct Authority (FCA) No: 446717 |
Velocity Trade International |
United Kingdom |
Regulated by the UK Financial Conduct Authority (FCA) No: 497263 |
Marex Financial Limited |
United Kingdom |
Regulated by the UK Financial Conduct Authority (FCA) No: 442767 |
IS Prime Limited |
United Kingdom |
Regulated by the UK Financial Conduct Authority (FCA) No: 629586 |
CFH Clearing Limited |
United Kingdom |
Regulated by the UK Financial Conduct Authority (FCA) No: 481853 |
This Policy was last updated on 7 December 2020.