OREANDA-NEWS. September 19, 2013. ICBC International Futures Limited(‘ICBCI Futures’),the wholly owned by ICBC International Holdings Limited ("ICBC International"),obtained the license from the Hong Kong Securities and Futures Commission (SFC) to carry on Type 2 regulated activity, i.e., dealing in futures contracts. Prior to this, ICBC International's subsidiary investment company has obtained the licenses for Type 1 and Type 6 regulated activities.

The securities e-trading services of ICBC International have been officially put into operation on May 8th. Clients can buy and sell Hong Kong stocks real time, inquire on the transaction status and the transaction records, fund in the account, stock profiles and Hong Kong stock quotes on the website of ICBC International. In addition, to meet clients' diversified financial needs, ICBC International will launch new products such as online futures trading and online margin, thus providing safe, convenient and customized services to the clients.

ICBC International Holdings Limited ("ICBC International") is the wholly-owned financial institution of the Industrial and Commercial Bank of China Limited. With its headquarters located in Hong Kong, ICBC International provides a full range of investment banking services including stock issuance and underwriting, stock listing recommendation, merger and acquisition, debt financing, corporate restructuring, securities brokerage, indirect investment, fund management, financial consultancy, compliance consultancy and other financial solutions.

The history of ICBC International started in 1993 when ICBC successfully acquired 49% stake of Xiamen International Financial Co., Ltd, which was later renamed as "ICBC International Financial Co., Ltd" in 1996, and was upgraded to a restricted license bank. In May 2002, ICBC purchased the rest 51% stake of ICBC International Financial Co., Ltd, which thus became the wholly-owned subsidiary institution of ICBC. On Sept. 12th, 2008, it was officially renamed as "ICBC International Holdings Limited", and completed its transformation from a traditional commercial bank to a modern investment bank.