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SBI gets nod to provide liquidity for port stock

SBI gets nod to provide liquidity for port stock

The Cambodia Securities Exchange (CSX) announced yesterday that it has agreed to register SBI Royal Securities Plc as a liquidity provider for Sihanoukville Autonomous Port, granting the company a two-year contract.

As a liquidity provider, the securities firm can facilitate trading by buying or selling shares in the stock when other individual traders are not available or willing to deal. This makes SBI Royal the third registered liquidity provider since regulators launched the initiative in early August of 2016.

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