This education document does not describe all of the risks and other aspects of trading in the securities market. Trading in securities may not be suitable for all members of the public. Investors should carefully consider whether securities trading is appropriate for them in light of their understanding of the product nature and characteristics, their own investment objectives, skills and experience, financial resources, risk tolerance and other relevant circumstances. If investors require further information for investing in securities, they should refer to the prospectuses and other documents issued by the issuers on the HKEXnews website (http://www.hkexnews.hk) and consult their brokers or other professional advisors prior to making any decision. |
Securities are traded at the Exchange either on the Main Board or the GEM. On the Main Board, the key product types include equities, equity warrants, debts, structured products, Exchange Traded Funds and other unit trusts/mutual funds. On the GEM, product types mainly consist of equities and equity warrants.
Note:
1. Liquidity Providers (LPs) are appointed by structured product issuers to provide liquidity for their product issues
2. Securities Market Makers (SMMs) are Exchange Participants that provide liquidity for ETFs
3. Participating Dealers (PDs) are appointed by ETF managers to carry out creation and redemption of ETFs
Additional education materials focusing on some specific product structures and risks are available at the links below: