Licensing Examination for Securities and Futures Intermediaries

Pass Rate for the LE in Hong Kong

Paper 3

Regulation of Derivatives

Aug 2025
58.33%
Sep 2025
78.95%
Oct 2025
73.68%
Nov 2025
.00%
Dec 2025
55.56%
Jan 2026
46.15%
Feb 2026
75.00%
Mar 2026
86.36%
Apr 2026
88.46%
May 2026
70.00%
Jun 2026
61.54%
Jul 2026
68.75%
Average Pass Rate
63.57%

For papers with more than one examination sessions held in a month, the pass rates shown above are the average pass rates of those examination sessions held within the month.


* The LE does not comprise Paper 13 and Paper 14.

Qualification