Trainee brokers rise up professional ladder
Trainee brokers rise up professional ladder
Seventeen people received professional broker certificates on Monday at a ceremony held at the Lao Securities Exchange (LSX) in Vientiane, after completing a training course.
LSX Chairman and CEO, Associate Prof. Dethphouvang Moularat, presented the certificates to the successful candidates, who had completed the second part of the Lao Professional Investment I course.
Only 17 out of 66 trainees passed the exam, with classes taking place on weekends from October 4 to November 9.
Five out of the 15 people who had taken the first part of the course also completed this course.
The course is useful for administrators and those working in the investment field who are interested in working in capital markets.
The certificate presentation ceremony was attended by Dean of the Economic and Business Administration Faculty of the National University of Laos (NUOL), Associate Prof. Somchit Souksavath, and CEO of APM (Lao) Securities Company Ltd, Mr Somphob Sakpunpanom.
Course participants came from private and government agencies such as LSX, APMLAO, Bank of the Lao PDR, ETL, the Banking Institute of Laos, Lao-China Securities Company, EDL-Gen, French Development Agency, Daoheuang Group and the Joint Development Bank.
Those who completed the course will now be able to pass on their know-how to the younger generation and will be equipped for regional and international integration.
The programme is run jointly by the LSX, NUOL and APM (Lao) Securities Company Ltd.
The course covers aspects of accounting, financial statement analysis, and other financial fields, which is of practical use for managers, investors and professionals in the capital market.
Topics were related to the mechanism and structure of financial markets, financial information and analysis, financial products and evaluation in capital markets, role of brokers and securities trading, foreign investment in Laos, investment banking, role of the Lao Securities Commission Office, corporate governance, financial strategies and portfolios investment, including the regulations, decrees and laws regarding the securities market.
Lectures were given by experienced trainers from Laos and Thailand.
Course participants visited the Stock Exchange of Thailand (SET), securities companies, investment banking firms, and SET listed companies to observe the actual operation of those companies.
