Core Insights - Wan Feng Securities has officially launched its self-developed quantitative trading system WFLH, which has been approved by the Hong Kong Securities and Futures Commission, marking a significant advancement in the company's fintech strategy [1] - The system is designed for professional investors and high-net-worth clients, focusing on trade execution services while ensuring compliance with regulatory requirements [1][2] - The growth of quantitative trading in Hong Kong's securities market is notable, with algorithmic trading accounting for approximately 28% of total market turnover by the end of 2023, an increase of 3 percentage points from the previous year [2] Company Developments - The WFLH system adheres to the Securities and Futures Ordinance and includes comprehensive risk control features and operational logging mechanisms [1] - The system employs a modular architecture with core modules for trade execution, risk monitoring, and data management, supporting complex quantitative trading strategies [1] - Wan Feng Securities emphasizes risk prevention in its system design, incorporating real-time monitoring and alert mechanisms, with all trading instructions undergoing multiple compliance verifications [1][2] Industry Trends - The application of new technologies such as artificial intelligence and big data is transforming service models in the securities industry, with quantitative trading being a key area of fintech application [2][3] - The Hong Kong Securities and Futures Commission has been enhancing regulatory frameworks to keep pace with the growth of algorithmic trading, having released the "Guidelines on Algorithmic Trading" to further regulate the sector [2] - The company plans to continue optimizing its technology systems in accordance with regulatory requirements, with quarterly updates focused on improving system performance and risk control measures [2][3] Talent Development - Wan Feng Securities has established a dedicated fintech team with members possessing a dual background in finance and technology, and plans to collaborate with universities and research institutions for cutting-edge research in fintech [3] - The launch of the quantitative trading system reflects Hong Kong's ongoing exploration of digital transformation paths that align with its characteristics as an international financial center [3]
万峰证券推出合规量化交易系统 布局金融科技新赛道
Xin Lang Cai Jing·2025-10-12 03:28