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Cambodia Securities Exchange open for liquidity provider applications

Cambodia Securities Exchange open for liquidity provider applications

The Cambodia Securities Exchange (CSX) officially began receiving applications for liquidity providers yesterday as part of an initiative to boost market liquidity, it said in a press release.

All licensed underwriters and securities dealers are eligible to register as liquidity providers, allowing them buy or sell shares of stocks on the exchange, ensuring that investors can always find a counterparty during trading hours.

Liquidity providers are entitled to an exemption on CSX trading, clearance, settlement and book-entry fees, the release said.

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