Browse every Hong Kong SFC-licensed corporation and individual authorised for RA 3 — Leveraged Foreign Exchange Trading. RA 3 (Leveraged Foreign Exchange Trading) is a regulated activity under Hong Kong’s Securities and Futures Ordinance. A corporation or individual must be licensed by the SFC to carry it out. This page tracks how many active licensees hold RA 3 and the year-by-year licensing trend, compiled from SFC, HKMA and other public regulatory records.