Licensing Examination for Securities and Futures Intermediaries

Pass Rate for the LE in Hong Kong

Paper 9

Derivatives

Nov 2024
60.00%
Aug 2025
55.56%
Sep 2025
35.29%
Oct 2025
73.33%
Dec 2025
58.33%
Jan 2026
54.55%
Feb 2026
54.55%
Mar 2026
28.57%
Apr 2026
72.73%
May 2026
66.67%
Jun 2026
46.67%
Jul 2026
64.29%
Average Pass Rate
55.88%

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