The average daily trading value on the Cambodia Securities Exchange (CSX) could well reach $1 million by 2023 and $100 million “over the next seven years”, buoyed by growing public interest in local securities, according to the bourse’s CEO Hong Sok Hour.
Securities and Exchange Regulator of Cambodia (SERC) plans to authorise the creation of real-estate exchange-traded funds (ETF) by 2023, and allow them to be traded on the Cambodia Securities Exchange (CSX), raising additional capital for the real estate sector to catalyse economic development.
Cambodia Securities Exchange (CSX) on October 21 launched the Online Account Opening Platform to allow investors to open accounts anywhere, in a bid to attract more investors and spur trading on the bourse.
The Cambodian securities sector sees tailwinds after the regulator, the bourse and the UN’s capital investment agency for the least developed countries entered into a partnership on development through technical assistance.
The Securities and Exchange Regulator of Cambodia (SERC), with support from the Asian Development Bank (ADB), on July 22 issued a Khmer-language guideline handbook on issuing green bonds on the Cambodia Securities Exchange (CSX).
Cambodia has issued an operating licence to its first locally-owned credit rating firm, Rating Agency of Cambodia Plc (RAC), which will offer credit rating services on the securities sector and financial institutions.