Cambodia's Securities Market Sees Significant Growth Over Past Decade

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Cambodia's Securities Market Sees Significant Growth Over Past Decade

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Cambodia's Stock Market: A Testament to Economic Development

[CAMBODIA NEWS] (Phnom Penh): At a recent seminar on financial knowledge for entrepreneurs investing in Cambodia's derivatives market, organized by BIC Markets, Vin Pheakdey, Deputy Director-General of the Securities and Exchange Regulator of Cambodia (SERC), revealed that since its establishment in 2011, 23 companies have issued and listed securities on the Cambodia Securities Exchange (CSX) over the past decade.

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Bun Sivathdy, President of BIC Markets, emphasized the company's long-standing commitment to developing the securities market through internal human resource training and public education. "The company always respects regulations and cooperates with the SERC to promote the growth of the derivatives market," she added.

Dr. Vin Pheakdey noted that despite Cambodia's late entry into the market and its relatively small size, the development aligns with regional and global trends. He highlighted the growth of the derivatives market, which was established in two thousand sixteen and began trading in two thousand seventeen with a volume of just over four million dollars. By two thousand twenty-three, the trading volume had increased to nearly three hundred million dollars, with the first half of two thousand twenty-four already seeing almost fifty million dollars in trades.

Currently, the SERC has authorized trading of 249 derivative products across six categories: 42 contracts on price differences, 4 on metal price differences, 5 on crude oil price differences, 6 on commodity price differences, 22 on index price differences, and 170 on equity price differences.

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