TD Waterhouse Group said Thursday that it received a green light from regulators to begin trading local securities in Hong Kong.

TD Waterhouse Hong Kong is to begin offering local securities in the fourth quarter, said Karen L. Buck, a senior vice president. In 1996 the unit of Toronto-Dominion Bank kicked off its brokerage presence in Hong Kong, selling North American securities to expatriate investors, Ms. Buck said.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.