With effective from 1st April, 2003, the licence holder would convene different activities under control with the relevant licence.

　

The following nine activities under control would be registered under the new licence
RA1 Dealing in Securities
RA2 Dealing in Futures Contracts
RA3 Leveraged Foreign Exchange Trading
RA4 Advising on Securities
RA5 Advising on Futures Contracts
RA6 Advising on Corporate Finance
RA7 Providing Automated Trading Services
RA8 Securities Margin Financing
RA9 Asset Management

　

SFC activities under control：

RA4 
Advising on Securities

Licensing Examination for Securities and Futures Intermediaries (LE)

　

The SFC qualifications

　

　

　

Examinations structure

　

規例試卷	應用試卷
卷一 基本證券及期貨規例  (指定試卷)	卷七 金融市場  (指定試卷)
卷二 證券規例	卷八 證券
卷三 衍生工具規例	卷九 衍生工具
卷五 機構融資規例	卷十一 機構融資
卷六 資產管理規例	卷十二 資產管理

　

The examinations style and and the passing mark

 

Licensing Examination for Securities and Futures Intermediaries (LE)

　

Period of exam hold: ten papers in every month

　

Passing marks: 70%　

　

Exam requirements: no thresold limit on the candidates to attend the exam

　

Candidate would choose any papers to attend　

　

Candidate would attend the exam with multiple papers

　

Candidate would choose the sequence of exams. in their own choice

　

Exam fee: HK$600(Every Regulations Paper)

　

HK$380( Every application paper)