Phnom Penh Post - GLE launches operations after SECC's approval

The Global Liquidity Exchange Co., Ltd. (GLE), a subsidiary of the B.I.C. Group, launched its services after obtaining the Central Counterparty License from the Securities and Exchange Commission of Cambodia (SECC) on December 3. "The derivative brokerage businesses in Cambodia have experienced significant growth. Consequently, it is a suitable time for GLE to begin operations to create the friendships between investors and better serve our customers as well as our commercial partners. "This can help develop the financial market as well as the derivatives trading businesses in the securities sector in Cambodia, control risks for the people involved, and ensure convenience and transparency of the businesses," said GLE CEO San Chankompheak. GLE is a highly-advanced financial technology that was given permission to use the new trading systems – such as Meta Trader 4 and Meta Trader 5. Photos: Supplied & Hean Rangsey