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341 firms on file · 202 identified entity records 73 carry a published regulator notice

COUNTERPARTY FILE · last re-checked 2026-09

HSBC Global FX — institutional liquidity provider

This record reflects ongoing compliance considerations for HSBC Bank plc's FX operations.

HSBC Bank plc · London, UK

evidence score
98/100

Licence, read literally

RegulatorLicence numberJurisdictionTierSource
FCA114216UKT1open source
PRAnot verifiedUKT1open source
MAS (merchant bank / wholesale)not verifiedSingaporeT1open source
SEC/FINRA (BrokerCheck, HSBC Securities (USA) Inc.)8-41562UST1open source
Tier classification follows the same scale as the retail register: tier-2 means real supervision and client-money segregation, without an investor compensation scheme — never misread it as tier-1 protection.

Residuals a counterparty carries

2

  1. R01

    Unpublished MAS licence number

    The MAS licence number for HSBC Bank plc is not published on the register API this pass.

    Source: MAS register API

  2. R02

    Gaps in firm age disclosure

    Founded in 1865 is the bank's record, not specifically the FX arm.

    Source: hsbc.com who-we-are/our-history

The claims ledger

Claims specific enough to be falsified — and the ones that remain the venue's own measurement.

Testable claims

  • HSBC was founded in March 1865 in Hong Kong financing trade between Europe and Asia (hsbc.com who-we-are/our-history)
  • HSBCnet provides FX and MM Trading e-liquidity in the global foreign exchange market with real-time trade/limit/margin monitoring (hsbcnet.com online-services page)

Claims we cannot verify from outside

  • Liquidity/volume claims on regional HSBC FX pages (self-measured)
  • HSBCnet FX and MM Trading country-expansion reported by Euromoney citing HSBC — media-sourced, treated as unverified

Perimeter and coverage

Asset classes
FX spot, FX forwards, FX swaps, NDFs, FX options, Money markets
Venues
EBS, Reuters, CME FX, CLS
Connectivity
FIX, HSBCnet FX and MM Trading platform, HSBC Global eFX API
Clients accepted
Corporates, Institutional investors, Banks, Asset managers, Governments
Explicitly refused
Retail clients (institutional FX lines)
A firm that publishes its own negative space — who it refuses, where it is not licensed — is materially easier to diligence than one that doesn't. The refusal list is treated here as disclosure, not as a defect.