Cambodia Securities Exchange
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The Cambodia Securities Exchange (CSX; is the national stock exchange of
Cambodia Cambodia, officially the Kingdom of Cambodia, is a country in Southeast Asia on the Mainland Southeast Asia, Indochinese Peninsula. It is bordered by Thailand to the northwest, Laos to the north, and Vietnam to the east, and has a coastline ...
. The exchange's purpose is to achieve high economic growth by facilitating flows of capital, investment, and reallocation of capital based on capital market mechanisms. The exchange is headquartered in the Canadia Tower, in Cambodia's capital city,
Phnom Penh Phnom Penh is the Capital city, capital and List of cities and towns in Cambodia, most populous city of Cambodia. It has been the national capital since 1865 and has grown to become the nation's primate city and its political, economic, industr ...
.


History

In November 2006, the Cambodian Ministry of Economy and Finance (MEF) and
Korea Exchange Korea Exchange (KRX, ) is the sole securities exchange operator in South Korea. It is headquartered in Busan, and has an office for cash markets and market oversight in Seoul. History The Korea Exchange was created through the integration of K ...
(KRX) signed a Memorandum of Understanding to develop the securities market in Cambodia. The following November, Cambodian Prime Minister, Samdech
Hun Sen Samdech Hun Sen (; , Romanization of Khmer#UNGEGN, UNGEGN: ; born 5 August 1952) is a Cambodian politician and former military officer who currently serves as the List of presidents of the Senate (Cambodia), president of the Senate. He previous ...
hosted an international conference promoting the launch of the Cambodia Securities Market project. In March 2009, the Royal Government of Cambodia and Korea Exchange signed a "Joint-Venture Agreement" to establish a stock market ("The Cambodia Securities Exchange Co., Ltd"). The Cambodia Securities Exchange was then incorporated on 23 February 2010. The MEF owns 55% of the registered capital and KRX the remaining 45%.


Listings

On 18 April 2012, Phnom Penh Water Supply Authority became the first domestically listed company on the Cambodian Securities Exchange.PPWSA up 48 per cent on first day Phnom Penh Post 2012
Retrieved 16 July 2012
Its shares went up 48 percent on the first day of trading after investors sought more than 10 times the available stock. The second stock listed currently (February 2015) is Grand Twins International, a Taiwanese garment maker, which first trading day was on 16 June 2014. As of 2019, there are 5 stocks listed, namely Phnom Penh Water Supply Authority, Grand Twin International Plc., Phnom Penh Autonomous Port, Phnom Penh Special Economic Zone, and Sihanukvile Autonomous Port. CSX has also received 2 corporate bonds listings from Hatha Kaksekar Limited in 2018 and LOLC Cambodia Plc in 2019.


CSX historical highlights

* 18 April 2012 – Phnom Penh Water Supply Authority became the first domestically listed company on the Cambodian Securities Exchange. * 11 July 2011 – CSX was inaugurated by Deputy Prime Minister Keat Chhon, Minister of Economy and Finance. * 28 February 2011 – CSX received approval from SECC to operate as Market Operator, Clearing and Settlement Facility, and Depository Operator. * 23 February 2010 – Business Registration as a public enterprise with majority government shareholding. * 23 March 2009 – "Joint Venture Agreement" between Royal Government of Cambodia represented by Ministry of Economy and Finance and Korea Exchange. * 21 January 2008 – MOU on "The establishment of a Cambodia Securities Exchange in the Kingdom of Cambodia" was signed by MEF and KRX. * 6 September 2007 – International Conference on the Launch of the Cambodia Securities Market Project. * 20 November 2006 – MOU on "The development of the Securities Market in Cambodia" was signed by MEF and KRX.


CSX leadership


Dr. HEAN Sahib
(ហ៊ាន សាហ៊ីប), Chairman of the Board of Directors * Mr. HONG Sok Hour (ហុង សុហួរ), CEO * Mr. HA Jong Weon, COO


CSX organization

CSX is composed of the following departments: # Administration and Finance Department # IT Department # Listing and Disclosure Department # Market Operations Department # Clearing and Settlement Department # Depository Department


Listed companies

The following companies are listed on the Cambodia Securities Exchange: The following companies are proposed to be listed: * PESTECH Cambodia Limited * Acleda Bank


Member institutions licensed for underwriting

The following brokerage firms hold membership to the CSX and are authorized to perform securities underwriting


Trading, settlement and depository

* Trading :Trading day shall be from Monday to Friday, except public holidays. Trading hours starts from 8:00 AM to 11:30 AM. Trading is executed through single-price auction from 8:00 AM to 9:00 AM and from 11:00 AM to 11:30 AM. Continuous multiple-price auction is executed from 9:00 AM to 11:00 AM, with opening at 9:00 AM and closing at 11:30 AM. * Settlement :Settlements between members and CSX are carried out through 3 participating banks: ACLEDA Bank, Canadia Bank, BIDC. * Depository :All securities listed and traded on the CSX are deposited with the CSX. :Detailed trading and settlement process and related mechanisms can be found at, http://www.csx.com.kh/operation/market/listPosts.do?MNCD=3010.


See also

*
List of ASEAN stock exchanges by market capitalization This is a list of ASEAN stock exchanges. Those futures exchanges that also offer trading in securities besides trading in futures contracts may be listed both here and in the list of futures exchanges. There are nine stock exchanges in the ASEA ...
*
Economy of Cambodia Cambodia's economy that currently follows an open market system (market economy) and has seen rapid economic progress in the last decade. Cambodia had a gross domestic product (GDP) of $28.54 billion in 2022. Per capita income, although rapidly i ...
*
List of stock exchanges A list is a set of discrete items of information collected and set forth in some format for utility, entertainment, or other purposes. A list may be memorialized in any number of ways, including existing only in the mind of the list-maker, but ...


References


External links


Cambodia Securities Exchange

Cambodia Securities Exchange

Ministry of Economy and Finance

Securities and Exchange Commission of Cambodia
{{Coord, 11, 34, 19.3, N, 104, 55, 6.9, E, display=title, type:landmark_region:KH Stock exchanges in Southeast Asia Finance in Cambodia Stock exchanges in Cambodia Financial services companies established in 2011