Cambodians form backbone of securities market

Local stock-exchange staff will be trained by foreign experts Overseas experts will play an important role in the start-up of the Cambodia Securities Exchange (CSX), says Larry Ng of Cana Securities. “Foreign investors will lead the CSX and securities market at the beginning because they have the expertise and the experience. However, sooner or later, local people and companies will eventually play a major role in this securities market and also cooperate with foreign investors to make this market grow,” Ng says. “The first group of local Cambodian experts will be born during the CSX start-up period. “Those people who participate in the opening of the CSX and initial stage of the securities market will be able to take this opportunity and learn from the overseas experts. “ These Cambodians will become the future backbone of the securities market in Cambodia.”…

http://www.phnompenhpost.com/index.php/Special-Reports/cambodians-form-backbone-of-securities-market.html