Security & Compliance
Security & Compliance
BBX has three products with different asset structures, as described below.
Compare the three products →BBX Stock Account
View FINRA BrokerCheck ↗Through a BBX Stock Account, users can trade real US and Hong Kong stocks. These are shares held through a stock account, rather than stock tokens or perpetual positions traded on BBX DEX.
- Execution, Clearing & CustodyUS stock orders are executed by FINRA-registered partner broker-dealers, with clearing and custody services provided by partner clearing firms. Hong Kong stock trades are executed through partner securities firms licensed by Hong Kong's Securities and Futures Commission (SFC). US broker registration can be verified through FINRA BrokerCheck.
- Securities holdingsSecurities holdings in BBX Stock Accounts are recorded through partner securities institutions’ account systems. Trade execution, clearing and custody services are provided by licensed partner institutions in the respective markets.
BBX Tokenized Stocks
BBX Tokenized Stocks offers 24/7 onchain trading on BBX DEX. Unlike BBX Stock Account, users trade and hold stock tokens, not real shares recorded in a brokerage account. These are different asset structures.
- What You HoldWhen trading tokenized stocks, users hold token assets. Stock tokens and real shares in a Stock Account are different forms of holdings; the custody arrangements and rights associated with a stock account should not automatically be applied to tokens.
- Shareholder StatusHolding a stock token does not, by itself, make the holder a direct shareholder of the underlying listed company or automatically grant the same shareholder rights as owning real shares. The nature of the holding depends on the BBX product selected.
- Price Deviation RiskTokenized stocks can trade 24/7 on BBX DEX. When the underlying stock market is closed, token prices may continue to fluctuate and deviate from the underlying share price.
- Regulatory RiskRegulatory frameworks for tokenized stocks continue to evolve. Changes in laws or regulatory policies may affect product availability and trading arrangements across jurisdictions.
BBX Perps
BBX Perps offers USDT-margined perpetual contracts referencing stocks, ETFs, indices, commodities, and crypto assets. Users hold derivative positions, not ownership of the referenced shares or other assets. These trades involve leverage and related risks.
- Onchain SettlementBBX perpetuals use onchain settlement on Arbitrum, with margin and positions handled under the rules of the perpetual contracts. Onchain settlement does not mean users directly own the stocks, indices, or other assets referenced by the contracts.
- Trading RisksPerpetual contracts involve leverage, liquidation, and funding rates. Leverage may amplify gains and losses, market movements may trigger liquidation, and funding rates can affect the cost or return of holding a position. Users should understand these mechanisms before trading.
General Security Measures
These are general considerations for account use and trading services. The asset-holding arrangements and risks of each product should still be understood through its separate product description.
- Account SecurityAccount security is a general platform consideration. Before using a service, identify the BBX product and its applicable trading flow; refer to that product’s description for information about how assets are held.
- Risk Control EngineRisk controls form part of BBX trading services. Because a Stock Account, tokenized stocks, and perpetuals operate differently, their risks should be understood and assessed separately.
- Risk WarningsEach product has distinct risk characteristics. In particular, leverage, liquidation, and funding-rate risks associated with perpetuals should not be confused with the asset-holding structures of stock accounts or tokenized stocks.
Every item can be checked yourself.
LIQUIDITY
US$50M Committed to Market Making
Real capital is deployed for market making, rather than simply relying on third-party liquidity. Order-book depth and execution quality can be checked in the trading interface.
Verify liquidity →US STOCK BROKERAGE & EXECUTION
SEC-Registered, FINRA-Member Partner Broker-Dealer
US stock orders are routed and executed through a partner broker-dealer registered with the SEC and a member of FINRA.
SECURITIES CLEARING & CUSTODY
Partner Institution for Clearing, Settlement & Custody
Clearing, settlement and custody of US securities are handled by a partner clearing institution, separate from order execution.
CONTRACTS · ONCHAIN
BlockSec Audit · Arbitrum Settlement
BlockSec audit information and Arbitrum onchain settlement records can be reviewed and verified.
Frequently Asked Questions
- When can I trade?
- BBX Stock Account follows the applicable trading hours of the US and Hong Kong stock markets. BBX Tokenized Stocks and BBX Perps are available for 24/7 trading on BBX DEX. Different trading hours do not mean these products carry the same rights or risks.
- What is the difference between real stocks and tokenized stocks on BBX?
- BBX Stock Account provides access to real US and Hong Kong stocks. Tokenized stocks traded on BBX DEX are token assets. Their holding structures and associated rights differ; a stock token should not be treated as a real share held in a Stock Account.
- Does buying a tokenized stock make me a shareholder of the company?
- Holding a stock token on BBX DEX does not, by itself, make you a direct shareholder of the underlying listed company. Tokenized stocks and real shares purchased through a Stock Account are different products, and their associated rights should not be confused.