Institution record
SMS
SMS LIMITED
- Source score
- —
- Warnings
- 0
- Comments
- 0
Licence records
Licences within our coverage (institutions licensed in the united states and canada) are listed first. Check each one on the regulator's own register.
Peer regulatory & risk comparison
Side-by-side supervisory and risk benchmark comparing SMS against peer institutions in our institutions licensed in the united states and canada dataset.
| Institution | Primary regulators | Regulated / total | Risk classification | Source score | Warnings |
|---|---|---|---|---|---|
| SMS (this record) | CRVARAMAS | 3 / 3 | Risk level not supplied | — | 0 |
| OKX | SECFinCENFSA+6 | 9 / 9 | Risk level not supplied | — | 1 |
| MUFG Bank | OCCFRSPRA+4 | 7 / 7 | Risk level not supplied | — | 0 |
| OANDA | IIROCNFAASIC+3 | 6 / 6 | Risk level not supplied | — | 0 |
| StoneX | SECNFAMAS+2 | 5 / 5 | Risk level not supplied | — | 0 |
| BitGo | FinCENNYSDFSMAS+1 | 4 / 4 | Risk level not supplied | — | 0 |
SMS: institutional due diligence FAQ
Key supervisory, licensing, and counterparty verification questions generated from the dataset.
What is SMS's regulatory licence status and supervisory authorisation?
In our imported dataset, SMS (legal entity reference: SMS LIMITED) holds 3 recorded licence entries, of which 3 carry a "regulated" status and 3 are marked regulated or registered: CR (Companies Registry) — licence TC006936, status: regulated, Tier-1; VARA (Virtual Assets Regulatory Authority) — licence VL/23/08/002, status: regulated, Tier-2; MAS (Monetary Authority of Singapore) — licence TC006275, status: regulated, Tier-1. Institutional due diligence requires verifying that the exact legal entity on your counterparty agreement matches the licensed entity name and registration number on the official CR, VARA, MAS public register.
Which of SMS's jurisdictions and licences fall within this site's regulatory coverage?
SMS is registered at 45 Pottinger Street Central, 9/F, H Code, High Block, Hong Kong and tracked under our institutions licensed in the united states and canada scope based on its institutional service profile (CFDs, Precious metals, Stock indices, Forex) rather than a domestic focus licence. Its 3 recorded licences (CR, VARA, MAS) should be evaluated for cross-border passporting and local solicitation rules.
What is SMS's institutional risk classification, enforcement exposure, and score profile?
SMS carries a "risk level not supplied" classification in the source dataset (composite numeric scores are not supplied for this record). The record flags 0 regulatory warning or complaint counts. Because these figures reflect imported source fields rather than primary audit findings, compliance teams should review primary enforcement bulletins directly.
What operational due diligence steps apply to SMS's platforms, entity structure, and complaints?
Before allocating capital or executing trades with SMS, institutional and retail allocators should: (1) confirm the domain (hextrust.com) against regulator-approved domains to guard against clone firms; (2) verify whether any of the 0 recorded warning/complaint entries or 0 user comments involve withdrawal restrictions or scope violations; and (3) confirm the dispute-resolution ombudsman tied to CR.
Related institutional research & regulatory analysis
Editorial briefings and compliance research from AlphaPulse Finance relevant to SMS's supervisory scope.
Market Microstructure & Systematic Alpha
US & European Equity Market Microstructure in 2026: SEC Rule 605 Modernization, T+1 Settlement Liquidity Physics, and Systematic Execution Alpha
An empirical 2026 institutional research dossier examining SEC Rule 605 execution quality disclosures, DTCC NSCC T+1 margin reductions, tick-size regime shifts, and cross-venue systematic implementation shortfall across US NMS and European MiFID II dark/lit venues.
Central Bank Policy & Macro Rates
Federal Reserve Standing Repo Facility (SRF) Clearing Mechanics, TGA Rebuild Elasticity & SOFR-IORB Spread Dynamics (Q4 2026)
The Federal Reserve Standing Repo Facility (SRF) refers to the permanent overnight liquidity backstop administered by the Federal Reserve Bank of New York that caps secured U.S. dollar funding rates by lending cash against U.S. Treasury and Agency securities at the top of the FOMC target range [4.50%, Federal Reserve H.15 Release, October 2026]. As the U.S. Treasury General Account (TGA) rebuilds toward its $850 billion cash target [$850 billion, U.S. Treasury Quarterly Refunding Estimate, Q4 2026] and Overnight Reverse Repo (ON RRP) balances approach structural exhaustion at $142 billion [$142 billion, NY Fed Markets Desk Data, October 2026], commercial bank reserves bear 72% of incremental fiscal liquidity drain, driving episodic SOFR-IORB spread inversions on Treasury auction settlement dates.
Central Bank Policy & Macro Rates
FOMC 3.75%–4.00% Rate Corridor, Post-QT Reserve Management & Treasury Buyback Liquidity Analysis
The FOMC holds the federal funds target range at 3.75%–4.00% in October 2026 while stabilizing bank reserves at $3.12 trillion via T-bill Reserve Management Purchases and $4B Treasury buybacks.
Central Bank Policy & Macro Rates
FOMC 3.75%–4.00% Target Rate Corridor: Q4 2026 Institutional Liquidity & Balance-Sheet Attribution (3.88% EFFR Median Benchmark)
FOMC 3.75%–4.00% Target Rate Corridor (FOMC-CORRIDOR) stands at 3.88% (EFFR Median) (Source: Federal Reserve Board, 2026-10-20), governing commercial bank reserve elasticity and dealer repo intermediation capacity.