CSX to increase trade times

28 February 2013
The Phnom Penh Post
Economy and commerce / Securities exchange (stock market) / Stock market
bourse / Cambodia Securities Exchange / continuous-auction market / CSX / deputy director / Grand Twins International (Cambodia) Plc / Han Kyung-tae / Investors / joint venture / Korea Exchange / liquidity / managing director / Market Operations Department / order-placement / Phnom Penh Water Supply and Telecom Cambodia / securities firm / shares / single price auctions / Soleil Lamun / state-owned enterprises / Taiwanese-owned / Tong Yang Securities (Cambodia) Plc / trade executions / underwriter

THE Cambodia Securities Exchange (CSX), the recently established bourse with a single player, will increase the number of trade executions from twice to six times a day, a move that will take effect on March 11. A CSX officer and the managing director of a securities firm said the move is an effort to bring greater opportunity to investors and improve liquidity. The announcement, made yesterday, says the bourse currently opens at 8am, with the first execution starting at 9am and the second at 11:30am. The new timetable will see the exchange opening at 8am with the first execution at 9am as before, but the second execution will start at 9:30am, the third at 10 am, the fourth at 10:30am, the fifth at 11am and the sixth at 11:30am. …

http://www.phnompenhpost.com/2013022861659/Business/csx-to-increase-trade-times.html