Investment Dealers

An Investment Dealer as defined in the Investment Dealers (Licensing) Ordinance 2001 is a person (meaning an individual or entity) who:

  1. trades on behalf of customers;
  2. act as a fund manager;
  3. solicits subscriptions for new issues of Investments; and
  4. offers advice about investments by way of a business.

Investments under the IDLO include:

  1. Commodities trading;
  2. corporate bonds;
  3. equities;
  4. government and local authority bonds;
  5. units in collective investment schemes;
  6. warrants, covered warrants, options, futures, forward contracts, contracts for differences, swaps, and spread bets and any similar securities or derivatives; or
  7. synthetic products which replicate or substantially replicate any of the foregoing.