The Cambodian Derivatives Exchange (CDX) has registered to join as an exhibitor and derivative ambassador the Wiki Finance EXPO HCMC 2022 at the Windsor Plaza Hotel in HCM City on June 12.
But since the organizer changed the expo to a business briefing due to lack of preparation and the limitations of the derivatives business in the country, an expected 3,000 visitors have been disappointed.
A great deal of market insights from and potential business collaboration with CDX for derivative market players including brokers, investors and others were held up.
Lawrence Kook, director and chief executive officer of CDX, said: “The opportunity to cooperate with CDX is still available to be further discussed, for the foreign direct investment is extensive and favorable in Cambodia where our business is based.”
CDX has established itself since 2016 as the first central counterparty in the Kingdom under the protection and guidance of the Securities and Exchange Regulator of Cambodia (SERC).
Kook continued: “At CDX we welcome all inquiries related to the aspect of Cambodia’s derivatives market as well as golden investment opportunities and business setup to all potential investors and traders in Vietnam and around the world.
“For more than half a decade, the derivatives market in Cambodia has continued to grow significantly in terms of an increase in the trading volume and the number of market players, which are positive and sustainable signs of development.
“As a result, Cambodia’s derivatives market has become an attractive investment target for both local and foreign investors.”
CDX has played a crucial role in initiating market regulations together with the market regulator SERC.
Moreover, the central counterparty has presented tons of investment possibilities and instilled investment knowledge in both locals and foreigners, adding value to and improving the credentials of the market.
It has more than 220 products that allow investors and traders to diversify their investment choices.
SERC figures show that CDX registered more than US$357 million in derivatives trading in 2021, making itself a true derivatives market leader in Cambodia.
“In line with our mission to expand the community of financial investors, CDX is committed to cooperating with all interested individuals and firms, and they can become either our derivative brokers or introducer brokers and any other possible partners,” Kook added.
You can reach CDX at:
Phone: +855 23 227 777
Facebook Page: Cambodian Derivatives Exchange
Or visit CDX's website at http://www.cdx.com.kh/