CSX announces first liquidity provider

Sep 29th at 10:43
29-09-2016 10:43:21+07:00

CSX announces first liquidity provider

The Cambodian Securities Exchange (CSX) has registered Golden Fortune (Cambodia) Securities Plc as the exchange’s first liquidity provider, allowing the securities firm to facilitate trading by buying or selling shares in a stock when other individual traders are not available or willing to deal.

Golden Fortune will be a liquidity provider for the Phnom Penh Water Supply for a period of two years, the CSX announced yesterday, adding that the firm shall begin performing activities within two working days.

phnompenh post



NEWS SAME CATEGORY

Cambodia Securities Exchange open for liquidity provider applications

The Cambodia Securities Exchange (CSX) officially began receiving applications for liquidity providers yesterday as part of an initiative to boost market liquidity...

Listed firms lax on fiscal reports

Six weeks since the close of the fiscal first half, none of the four listed companies on Cambodia’s stock exchange have issued their required half-year financial...

A challenging market to grow

Five years since it launched operations, the Cambodia Securities Exchange (CSX) continues to struggle to attract investors while trading activity remains low. The...

Securities companies to provide market liquidity

A new initiative aimed at encouraging more trading on Cambodia’s persistently quiet stock exchange will allow securities underwriters and dealers to become...

Derivatives licences handed out

Cambodia's capital market regulator officially granted its first round of derivatives trading licences this week, nearly 10 months after it vowed to formally...

Cambodian stock exchange pitches IPO potential

In an effort to stir confidence into the Kingdom’s sleepy bourse, which has seen two new companies list in the past seven months, the Cambodian Securities Exchange...

PPSP begins trading on stock exchange

Shares in Phnom Penh SEZ debuted on Cambodia’s nascent stock exchange yesterday morning, ending the day at 2,890 riel ($0.71), down slightly more than 3 per cent...

Firm poised to be first licensed derivatives broker

Six months since Cambodia’s market regulator officially launched derivatives trading in Cambodia, Phnom Penh Securities Plc is poised to become the first local...

SECC signs deal for better governance

Cambodia's securities regulator signed a memorandum of understanding with the International Finance Corporation (IFC) yesterday for technical assistance on...

Sleepy bourse cajoles firms to speed up listing plans

Trading activity on Cambodia’s stock exchange has doubled since the listing of the capital’s port operator in December, but efforts to lure more companies to list...


MOST READ


Back To Top