News

CSX trade volume plummets 92 per cent in third quarter

Trade volume at the nascent Cambodia Securities Exchange (CSX) in the third quarter of this year was down 92.1 per cent on the second, the Securities Exchange Commission of Cambodia (SECC) Securities Trading Statistical Bulletin said on Tuesday. ... ...

May Kunmakara
https://www.phnompenhpost.com/business/csx-trade-volume-plummets-92-cent-third-quarter

National Bank revokes licence of Dubai firm

The National Bank of Cambodia yesterday revoked the licence of Dubai-based Royal Index Pte., an affiliate of Royal Index UAE, after it failed to fulfill its mandatory obligations as a derivatives trading firm operating in the kingdom. ... ...

May Kunmakara
http://www.khmertimeskh.com/news/39454/national-bank-revokes-licence-of-dubai-firm/

Derivatives licensing capped by regulator

Cambodia's capital market regulator announced yesterday that it would suspend the issuance of new central counterparty licences to derivatives trading firms, claiming that capping the market at four was sufficient to serve current demand. ... ...

Hor Kimsay
http://www.phnompenhpost.com/business/derivatives-licensing-capped-regulator

Regulators keeping a close eye on derivatives market

Cambodia's capital market regulator held a forum yesterday on regulations and safeguards for the derivatives market, laying out the inherent risk and reward of the poorly understood financial instrument that has until recently operated with no oversight. ... ...

Kali Kotoski
http://www.phnompenhpost.com/business/regulators-keeping-close-eye-derivatives-market

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 regulate the inherently risky financial instrument and provide investors with more options to earn profits. ...  ...

Kali Kotoski
http://www.phnompenhpost.com/business/derivatives-licences-handed-out

Bogus firms prey on rural poor

The government yesterday named three bogus companies that have taken deposits from ordinary Cambodians and later absconded, after promising them monthly returns in the form of high interest rate payments. ... ...

May kunmakara
http://www.khmertimeskh.com/news/27682/bogus-firms-prey-on-rural-poor/

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