How do I apply for Program Trading approval?
If your trading activities meet any one of the above criteria, you must obtain approval before conducting Program Trading on China Stock Connect. You must complete all of the following:
- Download the "Northbound Program Trading Reporting Template" (available in Simplified Chinese only) in HKEX Website: https://www.hkex.com.hk/Mutual-Market/Stock-Connect/Reference-Materials/Northbound-Program-Trading-Reporting?sc_lang=en
- SSE's Reporting Template
- SZSE's Reporting Template
- Complete the form and send an email with the completed Program Trading Application Form to: complianceopsapac@interactivebrokers.com^^
- Wait for approval confirmation before commencing Program Trading on China Stock Connect securities
What information is required for the application?
The application requires:
- Basic information (name, brokerage client code, etc.)
- Fund information (scale, source, leverage)
- Transaction information (strategy types, execution methods)
- Trading software details
How long does the approval process take?
Typically, the approval process takes 5-10 business days after submission of complete documentation. You will receive notification once approved.
Are there ongoing compliance requirements?
Yes. After approval:
- You must adhere to the parameters specified in your application
- Any significant changes to your trading approach require updated reporting
- Your trading patterns will be monitored for compliance
- Exceeding HFT thresholds (300+ orders/second or 20,000+ daily orders) requires additional reporting
Who can I contact for assistance?
For questions about Program Trading requirements or application process, please contact our Support team Client Service/ Sales team and copy complianceopsapac@interactivebrokers.com^^.
Additional Information