Regulation Asia publication has said that the CSX (Cambodia Securities Exchange) has soft-launched a new mobile app to promote the growth of stock trading in Cambodia.
The mobile app was developed as an upgrade to CSX’s web-based mobile trading system, which was launched in 2018.
As of end-2021, just over 17,000 users were utilising the web-based mobile trading system, or 55.6 percent of total trading accounts.
The new mobile app – which runs on both iOS and Android devices – retains the core elements of the existing web-based mobile trading system, while adding in new security features and server capacity to boost speeds.
The mobile app allows investors to place buy/sell orders, check securities transactions, and receive market data, among other functions.
“This mobile application will become a driving force in promoting the growth of trading and liquidity in Cambodia’s securities market,” said CSX chief executive officer Hong Sok Hour.
He added that the development of the mobile app is “another step forward in promoting the development and growth of trading and liquidity in the Cambodian securities market”.
The mobile application will be available for free during the soft-launch period until further notice.
There are currently 15 companies listed on the CSX – nine equity issuers and six bond issuers – with a total market cap of about $281 million. Regulation Asia
This article was first published in Khmer Times. All contents and images are copyright to their respective owners and sources.